828 STILLWATER Boulevard
About This Property
Beyond the home's pristine finishes lies an unparalleled lifestyle. Ownership includes a bundled golf membership to the Bobby Weed-designed 18-hole course and access to the high-tech Toptracer driving range. Residents enjoy maintenance-free living with an HOA that covers groundskeeping, leaving you more time to experience the resort-style pool, pickleball courts, and the full-service clubhouse restaurant and bar. Ideally located near the shopping and dining of Durbin Park, this home offers the quiet serenity of a private nature retreat paired with the vibrant social energy of Florida's finest active adult destination.
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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