Stunning 4BR + office/den, 3.5BA Magnolia model in prestigious
Grand Orchid, extensively upgraded and renovated with no expense
spared. Premium finishes include Sub-Zero, Viking, Thermador, Brizo
& TOTO Washlet toilets. 3,114 living SF, 3-car garage, roof (2022),
impact glass throughout, whole-house generator & natural gas. Enjoy
a heated pool, screened lanai & summer kitchen, all backing to the
serene Morikami Gardens for exceptional privacy and tranquility.
Grand Orchid offers a clubhouse, fitness center, pool, tennis,
pickleball & 24-hour guard-gated security.
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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