8256 Waterline Drive
About This Property
Leading up to the front door of this corner unit you are greeted by a beautifully landscaped courtyard entrance. From the moment you enter this home you will be struck by the panoramic lake views and your oversized glass enclosed lanai. You can move right into this home that boasts lots of natural light, neutral dA©cor, high vaulted ceilings, and a split floor plan which offers privacy for you and your guests. The master bedroom features expansive views of the lake and green space, and generous walk-in closet. The third bedroom can serve as a den/office. Comcast triple play is available.
Aberdeen East is a beautifully landscaped community in a great location convenient to shopping, restaurants, golf courses and beaches. Come enjoy this resort style living with an active clubhouse, live entertainment in the ballroom, resort pool area, 2 satellite pools, gym, card rooms, tennis courts, pickle ball courts, shuffleboard and too many clubs and activities to mention. A one time capital contribution of $1000 to The Moorings HOA is required for all new buyers. All measurements are approximate.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017