797 OAK BEND WAY
About This Property
New pool pump for the spa just installed in 2023, storage galore, fully fenced and gated. There is a whole house water pressure booster as well as a water softener and kitchen RO system in place.
The guest house offers 2 bedrooms, 2 bathrooms, full kitchen, parking, screened porch and 2 workout rooms. Gym equipment can be sold separately. Horses, cattle & barnyard animals (pigs, donkey, alpaca, cows etc) are all welcome here in the Equestrian division of Oak Ford. Just a 10 minute drive from I-75 to the main community entrance. Don't delay on scheduling this unique opportunity to own a true slice of Florida paradise, so close to town yet out with nature on 5 acres.
Please do NOT pull into the driveway of the home without a prior appointment! An appointment requires at least 48 hour's advance notice, and buyer is to provide either Proof of Funds or a pre-approval letter.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017