5324 TRAVERTINE STREET
About This Property
Enjoy a vacation-like lifestyle with access to a resort-style clubhouse, beautiful community pool, splash pad, fitness center, tennis courts, billiards room, a basketball court, and more! The convenience of easy access to SR 429 and the charming town of Mount Dora makes commuting a breeze, while still living in a guard gated community. Plus, with a Publix and a shopping plaza just minutes away, you'll have everything you need close at hand!
This home offers the perfect blend of comfort, luxury, and convenience; and the benefit of energy savings with low monthly solar electricity costs at only $61 per month paving the way for unusally low monthly electric bills! Don't miss the opportunity to make it yours!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017