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530 Forestview Drive
About This Property
This beautifully maintained villa offers outstanding value for its condition, location, and design. Featuring tile flooring throughout, a spacious drive-in carport, and a private paved outdoor patio, this home blends comfort and functionality with timeless appeal.
Step inside to a light and bright interior thoughtfully designed for effortless indoor-outdoor living. The true centerpiece is the custom octagon-shaped screened patio, a rare feature that creates a covered, open-air retreat perfect for relaxing, dining, or entertaining year-round. Elevated beamed ceilings enhance the sense of space and style, while the adjacent morning room provides seamless access to this inviting patiocomplete with an electric awning for added shade and comfort.
Enjoy the benefits of a traditional 3-bedroom, 2-bath floor plan, offering privacy and versatility with well-proportioned rooms, a spacious primary suite, and two guest bedrooms that can easily serve as a den or home office. The kitchen opens naturally to both the morning room and family room, creating a warm and inviting heart of the home.
Located in the City of Atlantis, a gated community celebrated for its beautifully manicured grounds, two championship golf courses, parks, and welcoming neighborhood atmospherethis villa represents an exceptional opportunity for those seeking quality, value, and a lifestyle you'll love coming home to.
55+ Subdivision
At least one owner must be at least 55 years old
No children under the age of 15 permitted to reside full time
Pet Friendly community
Leasing of units
Permitted to lease no more than two (2) times per year
Minimum 90-day rental
Tenant must be approved by association prior to lease commencement
HOA $3500 per year - Dues include:
Lawn care
Sprinklers
Common Elements
Pool
Tennis
Exterior painting of units
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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.
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About Forestview Villas
Similar Homes for Sale
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$3,300 /mo
- 3 Beds
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- 1,550 ft²
$3,300 /mo
- 3 Beds
- 2 Baths
- 1,550 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017