5421 Cape Hatteras DRIVE
About This Property
Tradds Landing has LOW HOA fees and facilities include the use of the lovely community pool. Located on Highway 27 in beautiful South Clermont where there is a wide variety of shops and great restaurants and easy access to the road network. For your enjoyment there are lots of nature trails close by and, of course, the ever-expanding, world-famous attractions for which central Florida is famous for are practically on your doorstep. THIS IS A BEAUTIFUL HOME, JUST WAITING FOR YOU TO CALL HOME.
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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 Citrus Ridge
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$3,100 /mo
- 5 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017