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5014 Starblaze Drive Drive
About This Property
a dead-end street so no through traffic.
Fantastic Ben Gamla charter elementary school is just 12 minutes away. The 1 1/2 year old sprinkler system draws water from the lake which is a money saver for you. The stove, dishwasher, microwave oven and the sink are new. The A/C is 5 years old, water heater is 6 years old. Accordion shutters throughout. House has been professionally pressure-washed on the outside - from the roof down - and professionally painted outside (and inside). Located in a wonderful family community built with kids in mind, the amenities include a splash pad, a resort-type pool, multiple play ground areas (tot lots), beach volleyball, an exercise room and tennis courts. You will never be bored! After all the excitement, relax in your over sized lanai and gaze out over the tranquil water. Schools are very close by with the elementary school within a short walk and the beach is only a 14 minute drive
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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.
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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 Nautica Isles
Similar Homes for Sale
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$1,450 /mo
- 1 Bed
- 1 Bath
- 706 ft²
$2,250 /mo
- 2 Beds
- 1 Bath
- 792 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017