This end unit Coach Home with a SOUTHWEST view has a great New
Price. Largest living space in Tarpon Cove. Enjoy the coastal
breezes and spectacular water views of the lake and fountains from
this enviable second-floor unit. Note the additional privacy
offered by the adjacent green space separating you from your
neighbors. The Entry features 3 windows and a gallery loft leading
up to the spacious open floor plan. The hand-scraped engineered
hardwood flooring flows throughout the den, hall, kitchen, main
living area, and master bedroom. The white cabinet-packed kitchen
features recessed lighting, a lighted ceiling fan, under cabinet
lighting, a tiled backsplash, a walk-in pantry, white appliances, a
breakfast bar, and a cozy nook for added space. Three generously
sized bedrooms, each with a walk-in closet, corner windows for lots
of light and cross-breezes, and ceiling fans. Loads of storage
space. Den/Office is open and bright. The large Lanai is L-shaped,
tiled, and is accessed from kitchen, master & living rm. The
driveway provides an advantage because only two residents use it.
Recent updates include: Bathroom faucet fixtures, dual master
shower head, garage door motor, water heater, garbage disposal,
Ecobee smart thermostat, ceiling fans in lanai and kitchen, A/C
2021. Ready to move in & furnished. Within biking distance of both
Barefoot Beach and Delnor Wiggins State Park. Tarpon Cove community
has 3 pools, a hot tub, and a community building with kitchen,
library and social gatherings during season. If you want more
activities/amenities, the Tarpon Cove Yacht & Racquet Club is mins
up the road offering Tennis, fitness, bocce, inside/outside dining,
boat taxi, pool, and great social events. The Marina has slips to
rent or buy, make this your next location in SW Florida.
Unit Size
2,134 Ft²
Days on Market
170 days
Land Size
-
Price per sqft
$304
Property Type
Condo
Property Taxes
$204
HOA Dues
$977
Year Built
-
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Cap Rate Calculator
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100% Occupancy
N/A (extreme outlier)
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.
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