562 STILLWATER Boulevard
About This Property
Amenities include: active adult community, integrated golf course designed by Bobby Weed, driving
range equipped with TopTracer technology, golf pro-shop, aquatics center with resort-style lap
pool, on-site restaurant, bar & lounge, 24 hour fitness center, tennis courts, pickleball, and bocce ball. The Stillwater Golf Club features a full 18-hole golf course with a practice facility. Enjoy maintenance-free living at its finest! HOA fee includes lawn maintenance, common ground maintenance, entry gate, state of the art amenities such as clubhouse (to be completed fall 2024), pool, tennis and pickleball courts. CDD fee is included in total tax amount.
Come and tour this sought after Elan floorplan home with 2 spacious bedrooms plus an office/bonus/study. Home is designed with a light and bright color palette and is situated on a larger 50' lot. This home boasts an open floorplan concept. Kitchen features 42" modern gray cabinets with white quartz kitchen countertops, Gourmet Frigidaire® stainless steel appliances: gas range, double ovens, dishwasher, microwave, and refrigerator, gas washer & dryer. Home offers ceramic wood tile in wet areas and extends into family room, dining room and hallways, crown molding, gas tankless water heater, solar powered water softener, fully screened lanai, gutters installed, and sprinkler system. Kitchen opens up to the dining room and family room with views to the screened in lanai and serene backyard. Bonus room/study/office with French doors right off of the family room. The primary suite offers a ton of space. Primary bathroom with double sinks, spacious closet, and beautiful shower with floor to ceiling tile. Come and see this beautiful 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017