6835 Forkmead LANE
About This Property
home in Waters Edge! From the moment you walk in you will be captivated by the popular Victoria
floor plan providing a deluxe kitchen open to living and dining area and large walk-in pantry. Bright and
radiant with an abundance of light through floor to ceiling windows with remote controlled blinds and 3
panel sliding glass doors. Enjoy outdoor entertainment on the extended, covered and pavered lanai or
relax with a tranquil view of the water. There is room to add a pool and a partial vinyl privacy
fence and picket fence are already existing on one side of the home for additional privacy. The
second floor's split plan features a large, private owner's suite with spacious bath and huge walk-in
closet, as well as, 2 bedrooms with full, jack and Jill bath, flex space, upstairs laundry room with
beverage center and a sunny balcony with water views. In addition to the open kitchen, dining, and
living area, the first floor offers guests a private ensuite with bedroom, full bath and linen closet. Two
first floor flex areas lend themselves to a home office, formal dining, or den to fit your specific needs.
This ideal 3 car garage plan offers epoxied floors, smart racks, oversized utility sink, generator subpanel
for 6 circuits and a 220/40 amp outlet that can be used with an electric vehicle charger. If you choose
not to add a private pool, Information for joining the Venetian Bay swim club can be found using this
link: https://www.venetianbaygolf.com/swim-club/.All information recorded in the MLS intended to be
accurate but cannot be guaranteed.
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Cap Rate Calculator
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