6944 Big Bend DRIVE
About This Property
Outside, the beauty continues with an expansive wood deck, providing separate sitting areas, a dining space, and an entertaining area amidst lush tropical landscaping. As a BONUS, Rear Patio furniture and Grill included with purchase. With just over 1 acre, there's plenty of room to add a pool or plant a garden. Your 4-legged family members will enjoy the freedom to roam in the partially fenced yard. Workshop with Electric and Storage Shed included.
Bring your RV, boat, or work trucks. Additional driveway can hold them all. 30-amp service for an RV. Oversized 2 Car Garage with workspace. BAY LAKE RANCH stands out as one of Osceola County's premier communities. Residents enjoy events such as the Halloween Hayride, Holiday Tour of Lights, and community yard sales. Positioned within the sought-after Harmony School Zone, the neighborhood offers convenient access to the Lake Lizzie Conservation area, Lake Nona Medical City, VA Hospital, Melbourne, and OIA. Don't hesitate! Contact us today to schedule your private showing.
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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.
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About Bay Lake Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017