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8391 Logia Circle
About This Property
BEST WATERVIEW! METICULOUS LA TESORA IN VENETIAN ISLES WITH 2 WALLS DOWN! NEW KITCHEN WITH UNDERMOUNT LIGHTING ON CABINETS, GORGEOUS COUNTER HEIGHT QUARTZITE COUNTERS AND NEW BACKSPLASH. NEW GUEST BATH! EXTENDED LANAI! BEAUTIFUL PLANTATION SHUTTERS, NO CARPET, CROWN MOULDING IN BEDROOMS, RECENTLY PAINTED !
ACCORDION SHUTTERS, LENOX A/C 2018, HOT WATER HEATER REPLACED IN 2010. Venetian Isles is the latest rage! Resort living at its finest! Brand New & exquisite clubhouse is not only stunningly gorgeous but truly has it all! First you have an elegant lobby with an elevator that brings you to an upper level lounge and rooftop bar that leads out to a fabulous rooftop patio. The entire indoor and outdoor upper level overlooks the pools, lake cabanas & veranda. Then on the main level you'll find the restaurant, card rooms, library, billiards, arts and crafts center, fabulous new social hall with brand new stage and sound booth and more.
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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 Melrose
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017