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787 VERONICA CIRCLE
About This Property
Inside, the open-concept layout provides an excellent flow for both everyday living and entertaining. The home features two spacious living areas and vaulted ceilings that create an open and airy feel. The generously sized primary suite offers plenty of room to unwind and includes a large primary bathroom. With the interior fully updated by the current owners, this home is truly move-in ready.
Step outside and discover an incredible backyard designed for enjoying Florida's outdoor lifestyle. The covered, screened-in rear patio provides the perfect space for relaxing or entertaining, while the expansive backyard features a beautiful paver area that is ideal for creating a fire pit gathering space. Completing the property is a large two-car garage, offering ample room for vehicles, storage, and more. With its spacious layout, extensive updates, and fantastic outdoor living space, this Ocoee home is ready to welcome its next owners.
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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