5627 Mulligan WAY
About This Property
Lakewood National has the best amenities you will find in Lakewood Ranch, including two golf courses for residents, which were ranked 1st and 4th NATIONALLY by NBC Golfpass. This gated Lakewood Ranch village also offers a resort style pool with poolside bar and restaurant, tennis club with Har-Tru lighted courts and on-site pros, a clubhouse, full service Spa for that long overdue massage, state-of-the-art fitness center, Pickleball Courts, a full sit down restaurant coming soon, and more! It is a short drive to Lakewood Ranch Main Street, Waterside Place, Gulf coast beaches, and all this area has to offer!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017