7541 Lauden Drive
About This Property
You will enjoy your outdoor oasis w/ expansive covered patio space, sparkling pool w/ sheer descent water feature and fenced-in yard for play or pets! Total privacy w/ tropical landscaping owners have spent years developing which adds to the resort-style vacation you can have in your own backyard! NEW Roof 2015 | NEW (1)AC 2023, (2)AC coil 2024 | NEW water heater 2024.
Lake Charleston is a beautiful collection of 23 sprawling neighborhoods with 2,300 homes. Community private & stocked lakes are it's showcase where owners can kayak and canoe at their leisure. Amenities include 2 resort-style swimming pools, 8 Har-Tru tennis courts, 3 playgrounds, 2 basketball courts, open fields and a multi-purpose room. Enjoy biking trails and nature trails that surround the community. Low HOA fee includes premium Xfinity cable and Internet! Top schools: Manatee Elementary, Christa McAuliffe Middle & Park Vista HS.
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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%.
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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 Lake Charleston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017