Enjoy Florida living in Heritage Isle, a sought-after 55+
community! This inviting home features 10-foot ceilings and an open
floor plan for a bright, spacious feel. New bedroom carpet
complements tile floors in living areas. A folding glass wall opens
wide to the covered porch, blending indoor comfort with alfresco
living. The kitchen features Formica countertops, while blinds and
ceiling fans add everyday comfort. Accordion shutters offer storm
protection. A pavered driveway and entrance enhance curb appeal.
Updates include a 2021 roof, a NEW 2026 HVAC system, a NEW 2026
water heater. Amenities include a clubhouse, fitness center, pool,
sports courts, walking trails, and social and recreational
activities. Enjoy easy access to shopping, dining, medical
facilities, parks, and local attractions. The quarterly HOA fee of
$1,764 includes lawn care, roof replacement, and exterior painting.
Discover comfort, convenience, and an active, low-maintenance
lifestyle in this desirable community!
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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