6542 Point Hancock DRIVE
About This Property
The home boasts real wood floors and new carpets, creating a warm and inviting atmosphere. The open floor plan includes a formal living room, family room, and a versatile bonus room, providing ample space for relaxation and gatherings. The gourmet kitchen is a chef's dream, featuring solid wood cabinets, stone countertops, and stainless-steel ENERGY STAR qualified appliances, perfectly complemented by the kitchen/family room combo for casual dining and entertaining.
Upstairs, the oversized master bedroom offers a private retreat with a walk-in closet and a beautifully appointed en-suite bathroom. Outdoors, the spacious deck, patio, and porch overlook a custom solar-heated pool, surrounded by tropical landscaping-creating a serene Florida oasis perfect for year-round enjoyment. The oversized lot also includes an irrigation system and stunning landscaping.
Residents have access to fantastic community amenities, including a boat ramp, fitness center, playground, and pool. The neighborhood is conveniently located near top-rated schools like Windermere Prep, Foundation Academy, and Monteverde Academy. Included cable and internet with HOA fees add even more value to this incredible home.
Additional features include a 3-car garage, energy-efficient windows, smoke detectors, and connections for cable, electricity, gas, and public water. This home offers the perfect blend of luxury, comfort, and convenience.
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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 Signature Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017