Light, bright Monaco villa with 2 bedrooms, 2 baths and skylights
in the kitchen and living room. .Convertible den is perfect as
guest room or office, as is screened, enclosed and air conditioned
Florida room with water view. Granite counters and wood cabinets in
white kitchen that has been redesigned to give the home an open
plan look. Laundry room inside holds full size washer and dryer.
Two walk-in closets in primary bedroom. Attached one car garage.
Two parking spaces in driveway. New roof 2026. Hurricane accordion
shutters all around. Huntington Pointe is an active adult community
that features a 53,000 square foot clubhouse. The 600 seat theater
offers live entertainment and movies year 'round. Plus a fitness
center, card rooms, billiard room, aerobics room, bocce courts,
pickleball pickleball courts, Har-tru tennis courts (coming
soon). 4 outdoor pool, indoor pool, ping pong room, art room,
numerous clubs and organized activities, and a cafe that's open for
breakfast and lunch every day. Sold AS IS including all furniture
left on premises at closing.
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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