799 ASPEN LEAF Drive
About This Property
The first-floor owner's suite offers a tray ceiling, a large walk-in closet with window, an elegant en suite bathroom with quartz countertops, a jetted garden-style tub, & separate shower. The laundry room is on the first floor. Tile plank flooring throughout 1st floor level plus crown moulding. A stunning staircase leads to the second floor with expansive bonus room which leads to a balcony, ideal for relaxation or entertainment. You'll also find the remaining 3 bedrooms, 2 full bathrooms, & lots of storage closets. This home also includes gutters, a water softener, water purification system at kitchen sink, active termite bond, & all appliances. Move-in ready to enjoy the Nocatee lifestyle!
Located minutes from the beach and close to dining, retail stores, and medical offices this home is part of an unbeatable neighborhood with world-class amenities, including Cypress Park's family pool, playground, sports field, and trails. Nocatee also has an abundance of pools, parks, trails, sport courts, restaurants & shopping for residents' enjoyment.
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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