4832 Saint Andrews ARCADE
About This Property
Central Florida near the turnpike, I-75, shopping, medical facilities, restaurants, and the Chain of Lakes! This home features a gated
courtyard with gorgeous inground pool, double door entry, private guest/casita space, and access to the garage. Water views,
spectacular sunsets, and close to the community amenities! Over 2100sf. of under air living, updated roof and HVAC, hardwood
floors, granite counters, inside laundry, and both casual and formal dining areas. Tons of natural light, meticulously maintained by
one owner, and high ceilings. Three bedrooms and three baths offers it's owner all the space needed to retire and live your best
Florida life! Royal Highlands is an 18-hole golf community with driving range, putting greens, full service restaurant and pub, two
pools, courts, softball, craft & kiln space, billiards, library and more! Theater productions, outside entertainment, full service kitchen,
large dance floor and more clubs and activities than you can imagine! Call for your personal amenities and home tour today!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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About Royal Highlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017