71 MARTELLO Drive
About This Property
Entertaining becomes second nature in the upgraded spacious kitchen with quartz countertops, a farmhouse sink, counter seating, 42'' cabinets, Frigidaire stainless appliances and a gas range for the chef of the house. Resplendent yet practical porcelain tile flooring flows graciously throughout most of the home. There is a tankless water heater, and the home has a fully remote Safe House Security System. The expansive living and dining areas have a modern flair and allow plenty of seating options for entertaining. The master suite has new double sinks with quartz countertops, a shower, a garden tub, two walk in closets, and overlooks the tranquil fully fenced backyard. The elegant 2-car garage has built-ins, epoxy flooring and ample storage. A paved and extended, screened in lanai overlooks the fully fenced backyard and is perfect for gathering family and friends. This home is a short walk to the Amenity Center. Pleasant landscaping alongside the paved driveway welcomes you home. The gated Community has a resort style pool, a luxury gym, pickleball courts, an 18-hole putting green, a basketball court, walking paths and a playground. Come enjoy what Florida living is all about in this golf cart community with an amazing Clubhouse with a Cafe. Enjoy weekly activities such as Food Trucks, educational seminars, and local vendor events. Windward Ranch has NO CDD fees, has low HOA fees and is a natural gas community. Reward yourself with a lifestyle that you and your family will enjoy, not to mention minutes away from world renowned golf courses, historic St. Augustine, beaches, transportation, fine restaurants, shopping and entertainment.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017