5124 Turnbull DRIVE
About This Property
Step outside through sliding doors to discover a backyard oasis with a resurfaced pool and deck. A shed provides additional storage, and the entire property is fenced for peace of mind – perfect for pet owners. This home comes complete with a brand new roof, windows, and doors, ensuring both durability and modern appeal. Located close to the airport, with easy access to major roads and nearby restaurants and entertainment, this is a rare opportunity for a fully renovated pool home in Central Florida at this price point! Don't miss out – schedule your showing today and make this dream home yours before it's gone!
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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%.
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017