838 Bayport CIRCLE
About This Property
But the real magic happens when you step outside. Imagine lazy afternoons spent lounging by the heated community pool, perfecting your serve on the tennis courts, or enjoying a friendly game of bocce with neighbors. With pavilions for picnics and gatherings, there's no shortage of ways to enjoy the great outdoors. And with close proximity to restaurants, downtown Venice just 14 minutes away, and the beach a mere 17-minute drive, you'll never be far from the action. But perhaps the best feature of all is the sense of community that Chestnut Creek Villas offers. As a 55+ active community, you'll have the opportunity to forge lasting friendships and create memories that will last a lifetime.
Don't miss out on your chance to call this villa home. Schedule your viewing today and discover the magic of Chestnut Creek Villas for yourself. Welcome 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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017