5885 Mayflower Way
About This Property
laundry room, epoxy floor in garage, utility sink. The Oasis Club Resort Style Amenity Center includes a Resort Pool/Lap Pool/Jacuzzi, Fitness Center, 12 Pickleball Courts /2 Tennis Courts/ 4 Bocce Courts, Large Catering Hall, Golf Sim, Billiards, Movement Rm, Library, Activities Director, and Much More. Semi-Private Championship Style Golf Course, Golf Pro Shop, On-Site Golf Pro, Restaurant. Ave Maria is a golf cart friendly town with restaurants, shops & grocery store.
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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 Corkscrew
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017