6630 Willowshire WAY
About This Property
Included with this home is a coveted social membership, granting access to a wide array of amenities: two fitness centers, eight HAR-TRU lighted tennis courts, two resort-style pools, a resistance swimming pool, six satellite pools, a 20,000-square-foot clubhouse, restaurants, pickleball courts, and a half basketball court. Enjoy maintenance-free living with lawn care and exterior upkeep included.
Conveniently located near Tampa, St. Petersburg, Sarasota, Bradenton, Lakewood Ranch, and world-renowned beaches like Anna Maria Island and Siesta Key, this home is close to premier shopping, dining, and entertainment. Nearby attractions include UTC Mall, Costco, Ellenton Outlet Mall, Super Target, Whole Foods, Hobby Lobby, and Academy Sports-many just a golf cart ride away! Additional details: Buyers pay a one-time $1,000 capital contribution to Heritage Harbor and a $2,500 capital contribution to River Strand. The CDD fee is included in the tax amount. There is a $750/year food minimum, and rental restrictions require a 30-day minimum, up to 12 times a year. This Lennar Orchid model is ready for you to enjoy luxury living at its finest! Water $80 Electric $105 Cable and internet are included in HOA fees. Flood insurance required. Typically $800-$1000 annual.
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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.
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017