70' Gated Section! 3-Car Garage! CastleRock Communities presents
the Laguna III Floor Plan, this Beautiful two-story is Energy Star
certified and comes with green features. Step inside to high
ceilings and an open-concept layout. The spacious family room with
gas fireplace flows into the gourmet kitchen featuring Silestone
countertops, pots and pans storage, a large island, breakfast bar,
gas cooktop and walk-in pantry. The primary suite offers a
spa-style bath with dual sinks, soaking tub, separate shower, and
walk-in closet. Second Bedroom on first floor, with full bath,
offer flexible living space. Energy upgrades include a tankless
water heater and high-efficiency HVAC. Enjoy a oversized, covered
back patio and fenced backyard. Amenities include clubhouse, pool,
splash pad, fitness center, courts, and trails. Convenient access
to shopping, dining, and major roadways nearby.
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.
Lot Features: Back Yard, Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.2121
Lot Size Units: Acres
Lot Size Acres: 0.2121
Lot Size Square Feet: 9240
Water Source: Water District
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Natural Gas
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Dog Park, Fitness Center, Jogging Path, Park, Party Room, Picnic Area, Playground, Pool, Security, Sport Court, Tennis Court(s), Trail(s), Controlled Access, Paid Patrol, Pickleball Court, Pond, Splash Pad, Stocked Pond
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