837 JAYBEE AVE
About This Property
This beautifully maintained 3-bedroom, 2-bathroom home is being sold fully furnished and has NO rental restrictions-making it the ideal choice whether you're looking for your own private oasis or a turn-key vacation rental investment.
Step inside and be greeted by high ceilings, abundant natural light, and an open floor plan designed for both everyday living and effortless entertaining. Updates shine throughout, including new laminate flooring in the main living areas, a fully upgraded master bath, and a new pool heater (2023).
Enjoy the best of Florida living with your private heated pool and screened lanai, complete with outdoor dining and lounge space, plus convenient pool bath access. Relax and take in the tranquil golf and water views right from your backyard!
Community Perks You'll Love:
• Private boat ramp access to Old Lake Davenport (178-acre freshwater lake)
• Boating, fishing, and water recreation at your doorstep
• Low HOA fees of just $160/quarter
Whether you're ready to settle into full-time Florida living or take advantage of the booming short-term rental market, this home is ready for you. Call today to schedule your private showing!
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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 Citrus Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017