648 Cypress Key Circle
About This Property
Complete interior renovation in 2017. Beautiful renovated white shaker style kitchen cabinetry customized with pull out cabinetry, quartz countertops, renovated guest and master suite bathrooms, porcelain tile flooring in major rooms. With over 2000 SF of under air living space, the open floor plan incorporates the dining room and living rooms. Enjoy your morning coffee or tea from a sunlit enclosed morning room with picturesque windows bringing the outdoor views inside! The spacious master suite offers dual closets, updated bathroom offering dual vanities with glassed enclosed customiized tiled shower. Guest rooms offer tile floor with ample closet space. Other amenities: Roof 2018, Ac unit 2017, windows are original and have Kevelar hurricane panels, spacious covered carport. This is an 55+ older community. Pet friendly with resort style pool. Property conveys with customized Kevelar Hurricane panels ( excluding 2 doors and 3 small windows in the primary suite)
The City of Atlantis is a gated, manicured country club community offering 2 championship golf courses with no membership obligations. Kintz Park at The City of Atlantis, where families and residents gather to play tennis, pickleball or attend a party or City sponsored events (Annual Egg Hunt, Annual Spring Fling, Holiday Golf Cart parade, & more events! The Community Park Club room can be reserved for birthday parties or private events. Kintz Park has covered picnic areas and a water park for fun! Conveniently located close to the beaches, I-95 and in between major airports. The City of Atlantis is proud to have its own police department and city leaders that care and support the community.
DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. No commissions are paid to any cooperating broker until title passes.
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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%.
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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.
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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 Cypress Key Villas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017