8580 SE 163RD LANE
About This Property
The updated kitchen boasts dark espresso cabinetry, quartz countertops, stainless steel appliances, and a peninsula bar overlooking the living and dining areas - perfect for entertaining.
The generous master suite includes a tray ceiling, walk-in closet, and a private en-suite bath with dual vanity, soaking tub, and separate glass-enclosed shower. Additional bedrooms with flexible space for guests, a home office, or a hobby room.
Step outside to a large, fully fenced backyard with a covered patio, mature shade trees, and a storage shed - ideal for Florida outdoor living. mobile generator. well and septic, fully fenced in, storage shed (10'x14") with electricity and new well pump.
Additional highlights include a two-car garage, indoor laundry room, and a prime Summerfield location with easy access to The Villages amenities, shopping, dining, and recreation.
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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 Marion
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017