This Southern Exposure 3-bedroom, 2.5-bathroom residence on an
oversized lot in Mizner Country Club has Sports Membership for
immediate purchase. Sports allows for limited golf & unlimited
racquet sports . This single-story home spans 2,781 square feet of
finished living space, The two-car garage provides convenient
vehicle storage & access to the home. Located within Mizner Country
Club which offers resort-style living w/an 18-hole golf course,
tennis & pickleball courts, a fitness center, pilates, spa, resort
style pool, kids splash area, & dining venues. Active social
calendar w/events for all ages. There is 24/7 security, beautifully
landscaped grounds, & family friendly amenities.
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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