Come see this beautiful, remodeled home being sold Turnkey. 3/2
home, just bring your toothbrush and bathing suit! This Biltmore
model features new remodeled kitchen and baths, 10'ceilings and
8'doorways, IMPACT WINDOWS, designer furniture, extended screened
patio, large pie shaped lot, SS appliances and so much more. With
low HOA fees, this gated community features all lawn care, gym,
heated community pool, lighted tennis/pickleball courts, and a
playground area. This perfect Florida dream home is close to
beaches, shopping and restaurants.
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.
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