8232 Stirling Falls CIRCLE
About This Property
Security is a given in the gated community of Lakeridge Falls, a 55+ community with fitness room, beautiful pool/spa for water aerobics or just relaxing pool side. Remodeled club house with kitchen, gathering rooms, and a main salon accommodate large social gatherings among the residents. Be ready to make new friends with bocce ball, playing pool, game night, and enjoy playing a variety of card games like mahjong, poker, bridge, and don't forget the bingo nights! Lakeridge Falls even has their own lakeside beach for residents only!
Your new Clubhouse provide a library and two computer stations with free Wi-Fi
Lakeridge Falls is so convenient to local restaurants, shopping, airport, and a quick trip to the world-famous beaches in SW Florida. Truly, a hidden paradise just off University Parkway on Tuttle Avenue, 170 acres that includes scenic lakes, a preserve area, extensive paved walking paths, surrounded by well maintained lawns and luscious landscaping throughout the community.
One year warranty will be given to the Seller at time of closing. America's Preferred Home Warranty Buyer's Premier Coverage Plan. Details of Warranty are attached. ***$1500 initial one time assessment is required from the Buyer at time of closing.
Furniture optional, open for discussion.
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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%.
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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 Manatee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017