Waterfront living awaits in this beautifully appointed 2-bedroom +
study, 2.5-bath home in the sought-after 55+ community of The Falls
of Parkland. Offering 2,195 sq. ft., this elegant yet inviting
residence features a gourmet kitchen, CUSTOM CLOSETS throughout,
HUNTER-DOUGLAS BLINDS, EV CHARGER, premium garage storage, PREMIUM
Wood Laminate floors throughout, whole-house WATER PURIFICATION,
and a screened-in patio. A full SECURITY SYSTEM with interior &
exterior cameras adds peace of mind. Spacious interiors blend
comfort and sophistication, ideal for everyday living and
entertaining. Enjoy a spectacular 24,000-square-foot clubhouse,
resort-style pool, fitness center, tennis, pickleball, and vibrant
social calendar. Move-in ready and truly exceptional-see attached
for full upgrades!
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.
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