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5304 TREASURE VIEW WAY
About This Property
Since 2019, the home has been enhanced with numerous improvements, including a 2021 roof, updated kitchen appliances, water heater, all new windows and one sliding glass door, updated lighting fixtures, new toilets, smoke alarms, and newer carpet in the bedrooms. The spacious primary suite offers a comfortable retreat with dual sinks, a walk-in shower with safety grab bars, a built-in seat, and a linen closet. Guests will appreciate the privacy of the split-bedroom layout and nearby full bath.
Beyond the home, Legacy of Leesburg offers an exceptional active-adult lifestyle surrounded by beautiful conservation areas and mature landscaping. Residents enjoy a resort-style clubhouse, heated pool and spa, fitness center, tennis and pickleball courts, walking and biking trails, social clubs, planned activities, and a full calendar of events designed to help neighbors connect and enjoy the best of Central Florida living. Conveniently located near shopping, dining, medical facilities, and major roadways, this home offers the perfect combination of comfort, convenience, and community.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017