895 Suffolk PLACE
About This Property
The POOL has a spacious deck with raised spa area and safety fence. There is a large covered lanai for outdoor dining.
Shire at West Haven is located just off HWY54 in Davenport Florida, approximately 15 minutes from Disney World. The HOA includes a Gated entrance, AMENITIES which include a Clubhouse, community pool, TENNIS, Volleyball, Fitness center, and outdoor activities.
Make this your permanent residence, Second Home, Holiday or Vacation Home, or use it as an investment for "Short-Term Nightly Rentals" for tourists coming to enjoy all of the Sun and Theme Parks and Golfing for their Holiday Vacation. This community is zoned to permit short-term rental activity.
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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 Citrus Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017