8080 Santee DRIVE
About This Property
NEW ROOF installed 11/2021, HVAC is 5 yrs Old, Pool was completely resurfaced on 2020 and new pump was installed. New carpet and padding were installed in all 4 bedrooms this month. Kitchen boasts quartz countertops and stainless steel appliances that are just 2 years old. Located in quiet community of Indian Creek; short commute to Disney, shopping centers, new Margaritaville Resort and Sunset Walk etc; Oh, and did I mentioned NO HOA?!
Split bedroom floor plan for added privacy. In addition to master, one bedroom also has it's private bathroom. Open Living areas are tiled throughout and featured vaulted ceilings. Home has been used as a primary home and not as short term rental. Schedule your appointment today before is gone!
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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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About Citrus Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017