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712 CYPRESS OAK CIRCLE
About This Property
Step inside to find formal living and dining rooms ideal for entertaining or hosting family gatherings. The large family room provides plenty of space to relax and flows seamlessly into the open kitchen featuring granite countertops, ample cabinetry, and a layout designed for everyday living.
The spacious primary suite offers a peaceful retreat with a large walk-in closet and a private en suite bathroom complete with double sinks and a walk-in shower. Additional bedrooms are spacious and share a guest bathroom.
Additional highlights include an inside laundry room for added convenience and a screened porch with a ceiling fan, perfect for enjoying Florida evenings year-round.
Forest Trace offers an excellent location with close access to the Glenwood bike trail, convenient routes to Downtown DeLand via Spring Garden Avenue, and proximity to nearby schools including Southwestern Middle School and DeLand High School. Enjoy being close to shopping, dining, recreation, and all the charm that DeLand has to offer.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017