8205 Bridgeport Bay CIRCLE
About This Property
The community offers an exceptional 18,000 sq. ft. clubhouse that host numerous clubs, activities and amenities (like arts and crafts, billiards, a library, a community baseball league, outdoor concerts and community poolside events, weight-room, a large olympic pool with graduated beach entrance for grandkids, a fire pit, bocce ball, pickle ball, croquet, tennis courts and more. This is a friendly neighborhood where neighbors watch out for each other, and enjoy a wide variety of activities together. All this is overlooking the 5 miles of the man-made lakes that meander throughout the community. Shopping, restaurants and the quaint town of Mount Dora are only minutes away.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017