8543 La Isla DRIVE
About This Property
Upon entering this exceptional property, you'll be impressed by the open and bright layout. The home boasts over 3,600 square feet of living space, featuring tile floors, arched doorways, and high ceilings that enhance the spacious feeling. The open living and dining areas offer a perfect space for hosting guests or special occasions. Continue entertaining your guests in your very own personal home movie theater.
This home features six generously sized bedrooms, with 2 master suites located on the second floor. The additional bedrooms are comfortably sized, with walk-in closets and plenty of natural light. The home had a new roof installed in 2022
Step outside to your own private paradise. The covered lanai with a ceiling fan is perfect for al fresco dining, while the screened-in pool and spa offer a serene retreat. With no rear neighbors and lush landscaping, you can enjoy privacy and tranquility.
Emerald Island is a 24 hour gated/secure community in the heart of everything, close to the theme parks, world class golf courses, shopping and dining. The community allows short term rentals so whether it is for personal use or an investment this turnkey property offers it all.
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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