65189 LAGOON FOREST Drive
About This Property
Strategically located for ultimate convenience. Whether it's shopping, dining, or entertainment, you're just moments away from it all. River Glen is less than 10 miles away from practically everything, yet quietly situated just off the beaten path in its own quiet community full of sidewalks, parks/playgrounds, pool, splashpad, clubhouse, gym, basketball, tennis, and even its own private Kayak launch!
What sets this home apart is its backyard oasis! Sit on your cover rear porch overlooking the water that beckons you to unwind and embrace serenity. Embrace a lifestyle where modern amenities meet natural beauty, and every detail has been carefully curated for your comfort. Welcome home!
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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