5414 Ternberry Road
About This Property
complemented by a bundled golf or social membership in Ave Maria, FL. As a golfer's paradise, the community features a 18-hole golf course, a state-of-the-art clubhouse and other luxury amenities for residents to enjoy. This single-story home is designed to entertain guests and family alike. At the center is a spacious open-concept Great Room with glass sliders that open up to a large patio with an optional summer kitchen, perfect for hosting outdoor gatherings. The owner's suite is a serene retreat with patio access, while two secondary bedrooms are located at the opposite end. A three-car garage and den complete the home. Prices and features may vary and are subject to change. Photos are for illustrative purposes only. Estimated delivery date is Apr/May 2024.
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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.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 14, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by Lennar Realty Inc | $845,922 | |
| Listed by Lennar Realty Inc | |||
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About Corkscrew
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017