36
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800 COLTRA LANE
About This Property
Inside, the home features wood-look tile flooring throughout, creating a clean, cohesive look with easy maintenance. The kitchen is equipped with granite countertops and updated appliances, including a new Samsung French-door refrigerator, new Samsung electric range with built-in air fryer feature, and a Bosch dishwasher approximately two years old.
Step outside to your private screened and enclosed swimming pool, complete with a variable-speed pool pump, new filter housing, and recently completed PebbleTec surface. The backyard also includes a storage shed for added convenience.
Additional features include a generator hookup, 50-amp RV electrical connection, security cameras, and water softener, adding even more functionality to this well-equipped property. With its combination of a private pool, corner lot, impact-rated windows, newer major systems, updated kitchen features, and single-story living, this home offers the space, upgrades, and Florida lifestyle today's buyers are looking for.
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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 Deltona Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017