7270 Lahana Circle
About This Property
There are tons of hi hat lights, many on dimmers. The kitchen is gorgeous and spotless, featuring 42'' wood cabinetry, granite countertops, snack bar, and newer (2020) stainless steel refrigerator, range and microwave. Enjoy your morning coffee in the casual dining area with a bay window overlooking the lake and butterfly garden!
Living areas feature neutral tile on the diagonal, while bedrooms and den/4th bedroom have a lovely driftwood-like luxury plank flooring that goes with anything! The house has closets galore, and the closet in the 4th bedroom has built in shelves as it was used as an office. The split bedroom plan allows privacy for you and your overnight guests. The primary suite is spacious, with a door to the patio, bay window, dual closets, and an elegant master bath with dual vanities, wood vanities, a glass door shower stall and Roman tub, and lots of natural light! Newer AC (2020) and washer and dryer (2020). The fabulous covered, screened patio overlooks the lake and garden, and is the ideal place to entertain friends and family, play cards, or simply enjoy an evening cocktail while watching the tropical sunset. Accordion storm shutters give you peace of mind (and should give you an insurance policy discount!) in the event of a storm. Valencia Isles recently renovated their spectacular, contemporary clubhouse where you'll find an abundance of activities/games/clubs, resort style pool and lap pool, restaurant w/indoor and outdoor poolside dining (and take out!), a pier over the lake, a stunning social hall with amazing shows and celebrations, an arts and crafts studio, billiards, a freestanding athletic club with satellite pool, pickleball and tennis, and SO much more! THIS is Florida living at its FINEST!
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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 Valencia Isles
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$6,000 /mo
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$5,200 /mo
- 2 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017