4914 Seton Way
About This Property
Avalon Park is known for its charming pocket parks woven throughout the neighborhood and its incredible proximity to the heart of Ave Maria. From your front door you can access miles of walking, running, and biking trails, and it is just a couple block walk to the Town Center where you will find multiple restaurants, shopping, a fitness center, and the Ave Maria Catholic Church. Residents also enjoy access to the community's many parks and recreational amenities including 12 lighted pickleball courts, tennis courts, a water park, and a dog park. Just one mile away, Ave Maria North Park offers sand volleyball courts, soccer and baseball fields, basketball courts, a playground, and shaded picnic pavilions that are perfect for outdoor gatherings. Less than two miles away, Ave Maria South Park features softball fields, bocce courts, additional pickleball courts, scenic walking and biking trails, and another dog park. Optional membership to the Ave Maria Water Park gives residents access to a beach entry resort style pool, lap lanes, waterslides, and a splash zone for kids. This home offers the perfect blend of comfort, upgrades, and access to one of the most vibrant communities in Southwest Florida.
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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 Corkscrew
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017