7311 Lugano Drive
About This Property
Come live the Florida dream in this beautifully appointed home. Views of the lake from all living areas and master bedroom. This home features diagonal tile in the living areas, new carpet in bedrooms, new front door, fresh paint in most rooms. San Marco has just renovated the Clubhouse and is ready to be enjoyed!! This active community offers many activities to get involved in: Book club, Women's Club, Men's Club, Solos Club, Tennis,Bocce ball, swimming and a whole calendar of events. Reasonable HOA includes cable, alarm and outside painting of the house. This is a pet friendly community! San MArco is located close to shopping, restaurants, museums, airports, major highways and the famous FLorida beaches!
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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 Pipers Glen
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Currently no similar homes aroundNearby Rentals
$6,000 /mo
- 3 Beds
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- 2,489 ft²
$5,500 /mo
- 3 Beds
- 3 Baths
- 2,629 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017