5396 SE 64TH TERRACE
About This Property
Escape to your own slice of paradise in Ancient Oaks 55+ gated community, where ownership extends beyond the home to the land itself! This delightful trailer home offers a sanctuary of comfort and convenience, boasting a range of amenities and a vibrant social atmosphere.
**Property Highlights:**
- **Ownership Advantage:** Say goodbye to land leases! You truly own the land, offering peace of mind and financial stability.
- **Affordable Living:** With a low monthly HOA fee of just $192, inclusive of water, sewer, basic cable, lawn service, trash, and upkeep of common areas, you'll enjoy hassle-free living at its finest.
- **Active Lifestyle:** Living in Ancient Oaks is not just about having a home; it's about embracing an active lifestyle. Take advantage of the community's amenities, including a screened and heated pool & spa, marina with docks, boat ramp, covered shuffleboard, horseshoe pits, and more!
- **Convenient Parking:** Never worry about parking again with your own double carport, providing ample space for vehicles and ensuring easy accessibility.
- **Community Spirit:** Engage in a vibrant social scene with activities like bingo, pickleball, and exercise classes, fostering friendships and a sense of belonging.
- **Nearby Attractions:** Situated close to various attractions, entertainment, shopping, and dining options are always within reach, allowing you to enjoy the perfect blend of relaxation and adventure.
**Amenities:**
- Screened and heated pool & spa
- Marina with docks
- Boat ramp
- Covered shuffleboard
- Horseshoe pits
- 6 laundry rooms
- Rec hall
- Pickleball courts
- Bingo and exercise room
Don't miss this incredible opportunity to join the thriving Ancient Oaks community and experience the best of 55+ living. Schedule your viewing today and make this charming trailer home your own!
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Cap Rate Calculator
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