Beautifully maintained 3 bedroom, 2-bath, 2-car garage home located
in the gated, all-ages community of Summerfield. CBS
construction, accordion shutter protection on all windows, a newer
Trane A/C replaced in 2022, and a freshly painted interior add
peace of mind and move-in ready appeal. The standout feature is the
impressive screened-in heated pool and spa, framed by a soaring
gable-style screen enclosure and peaceful preserve backdrop. The
open-concept is designed to take full advantage of the view, with a
four-panel set of sliding glass doors creating an expansive
sightline to the covered patio, pool, spa & preserve beyond,
creating a wow-factor view. Residents enjoy resort-style
amenities including a clubhouse, heated community pool, fitness
center, tennis, and pickleball courts. This beautifully maintained
community is woven around the 18-hole Tom Fazio-designed Champions
Club golf course which also includes a full driving range, putting
green, and new chipping area - with no mandatory golf membership.
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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