8433 Cypress Lake CIRCLE
About This Property
Outside, the large backyard offers endless possibilities for relaxation or recreation, complemented by recently refreshed landscaping. A new roof installed in 2023 ensures long-term durability and peace of mind.
Located in a desirable neighborhood, this home is part of a community that boasts resort-style amenities, including a sparkling pool, tennis courts, and pickleball courts-perfect for staying active and socializing with neighbors.
Minutes away, you'll find the vibrant University Town Center (UTC) area, offering world-class shopping, diverse dining options, and exciting entertainment venues like PopStroke by Tiger Woods. The highly anticipated Mote Marine Aquarium, nearby parks, golf courses, and beaches make this location truly exceptional.
Don't miss the chance to live in a home with so much potential in such an incredible community. Schedule your showing today!
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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