8418 Mooring Circle
About This Property
Boasting spectacular lake views this Villa also features a glass and screen enclosed Lanai, outside patio as well as a front courtyard area at your entrance. The Villa boasts all neutral white tile throughout, vaulted ceilings, lots of natural light and an eat-in kitchen. The Master Bedroom features a generous walk-in closet. Membership is not required to enjoy the many amenities and active adult lifestyle. Aberdeen East is a beautifully landscaped community in a great location convenient to shopping, restaurants, golf courses and beaches 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 Moorings HOA is due from the Buyer at closing. All measurements are approximate. Information herein deemed reliable and subject to errors, omissions or changes without notice.
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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%.
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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