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4940 MARBLE SPRINGS CIRCLE
About This Property
The laundry room includes a utility sink.The A/C system has been upgraded to a high-efficiency variable-speed air handler with a humidity-control thermostat for improved comfort and energy efficiency. 8-foot sliding glass door of the bright and spacious great room opens to a paved, screened, extended private lanai with water views, where you can truly enjoy the essence of Florida living. Valencia Lakes is a 55 + active adult golf cart community with 40-acre waterfront outdoor recreation area with resort-style heated pool, lap and resistance pool, 40,000 sq. ft. clubhouse, deluxe Bistro/Restaurant led by Chef Paul Mattison, har-tru tennis courts, gym, half-court basketball, pickleball and bocce courts, dog park, baseball park, community garden, hundreds of clubs and activities, RV/boat storage area. Over 100 acres set aside as nature preserves designed for solitude of peaceful views. Great sense of community with great friendly neighbors. Tampa, St. Pete and Sarasota 30-45 minutes away. Close to the airport, medical facilities, shopping and golf.
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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 Wimauma
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017