RARE FIND - GRAND SAVOY 2 STORY MODEL LOCATED ON PRIVATE LOT OF
WOODS & GOLF COURSE BEYOND, THIS 3 BDRM, 3 BATH HOME FEATURES A
FIRST-FLR PRIMARY SUITE W WALK IN CLOSET, & NEWER SHOWER PLUS A LGE
GUEST BDRM & FULL BTH. BEAUTIFUL LOFT AREA W GUEST BDRM & FULL BTH
COMPLETE THIS IMMACULATE HOME. A NEWER ROOF, HIGH EFFICIENCY
FURNACE, AC, HOT WATER HEATER & KITCHEN APPLIANCES ADD VALUE.
TRUE RESORT STYLE LIVING IN GREENBRIAR OCEANAIRE GOLF &
COUNTRY CLUB. A HUGE CLUBHOUSE W EVERY AMENITY YOU COULD WISH
FOR INCLUDING INDOOR/OUTDOOR POOLS, GYM, AEROBIC STUDIO, BILLIARDS,
LIBRARY, BALLRM PLUS A PRIVATE RESTAURANT & PUB. A PRIVATE 18
HOLE CHAMPIONSHIP GOLF COURSE, DRIVING RANGE, PUTTING GREEN & PRO
SHOP COMPLETE THIS ACTIVE LIFESTYLE. COME JOIN THIS WONDERFUL
COMMUNITY AND ALL IT HAS TO OFFER
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%.
How much can I actually make?
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.
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