8581 Lookout Pointe DRIVE
About This Property
Windermere Trails is a friendly community located just 7-minute walk from Bay Lake Elementary School, 5 minutes drive from Horizon West Middle School, within 10 minutes drive from Windermere High School and Windermere Preparatory School. It is also super easy to commute to various grocery stores, restaurants, daycares, medical clinics, Disney and everything you'd need. HOA is less than $83/per month and NO CDD, yet you get to enjoy a community pool, a dog park, a playground, and walking trails! This opportunity is too good to be missed out!
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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