AFFORDABLE 55+ LIVING WITH EXCEPTIONAL UPGRADES! Discover this
stunning, move-in-ready home in Pine Creek, a gated active adult
community offering comfort, convenience and an engaging Florida
lifestyle. The beautifully updated kitchen and elegant plantation
shutters create a welcoming interior, while impact windows and
doors throughout provide added peace of mind. Relax in the enclosed
sunroom or enjoy outdoor grilling on your private backyard BBQ
patio. Major improvements include a 2020 roof, 2022 A/C, 2024
garage door, and 2026 water heater and irrigation pump. Enjoy the
benefits of low-maintenance living with exterior painting included,
lighted sidewalks and an active social calendar that makes
connecting with neighbors easy. Conveniently located in town near
shopping, dining, healthcare and everyday essentials. An
exceptional opportunity to enjoy the Pine Creek lifestyle without
sacrificing quality, comfort or value!
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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