6350 Payne ROAD
About This Property
The interior of the home boasts spacious living areas and a modern, open floor plan. The living room has large windows that let in plenty of natural light. The kitchen is fully equipped with high-end appliances and ample counter space for cooking and entertaining.
The bedrooms are spacious and comfortable, with plenty of closet space and beautiful views of the surrounding landscape. The home has two master suites and a bathroom near the pool!
Outside, the pool area is a true oasis, with plenty of space for lounging and entertaining. The property is surrounded by mature trees and lush landscaping, providing privacy and a sense of tranquility. Sitting on over an acre with no hoa or cdd, you'll have ample room to bring all the toys! Boats, RV's, four wheelers and many more!
Keystone Heights is known for its many lakes, which offer a variety of recreational activities such as boating and fishing. Multiple boat ramps within a mile! This home is the perfect retreat for anyone looking to enjoy the best of Florida living. Don't miss out on this incredible opportunity!
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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