5008 Forest Creek TRAIL
About This Property
Enjoy relaxing on the front porch with a beautiful view of the lake and just steps away from clubhouse. Your amenities include clubhouse, fitness center, pool table, resort style heated POOL & SPA, outdoor kitchen, playground and basketball court. A mile of beautiful walking trails and small pocket parks in areas with grand Oaks. Enjoy the tranquil 18 acre lake with two gazebos, can canoe and kayak, fish off pier and dog park. One of the most beautiful GATED communities in the area.
Near Publix, Ellenton outlet mall and I-75. HOA fees include lawn maintenance and clubhouse amenities, $247 paid quarterly. See attachment for updates and partial furnishings included. *all information is to the best of the sellers knowledge, please rely on your own inspection & county records.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017