8234 Coral Creek LOOP
About This Property
Enter via the double-door entry greeted by the living room and dining room areas. Family room has a lovely fireplace. Split-bedroom floor plan. Master
bedroom has a deluxe bath jetted tub plus a shower, walk-in closet and dual sinks. Spacious kitchen has a snack bar. The Dinette area overlooks the beautiful yard with a conversation view. Large inside utility room. New roof is only 1.5 year old. Lawn sprinklers are on a well - this is a big money saver. AC unit 9 years old. The spacious screened-in lanai is great for entertaining. The Low HOA fees provides a very active clubhouse, pool, tennis courts, lawn care, and basic cable access. Very close to major hospitals, shopping centers, schools and local beaches. 45 minutes to Tampa & St Pete airports. This is a must-see home!
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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 The Estates of Beacon Woods Golf and Country Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017