9020 TOURNAMENT DRIVE
About This Property
This Home Features a spacious layout with a Double Split-bedroom plan includes a living room and family room, ensuring ample space for relaxation and entertaining. The Master Suite features a Large master bedroom with a walk-in closet, along with three generously sized additional bedrooms, each equipped with walk-in closets. The Kitchen is equipped with newer Stainless Steel appliances and a large breakfast bar that opens to the family room, plus a pass-through window to the pool area, and with the Fully fenced yard ensures privacy. Convenient Location: Close to Hudson Beach, Sun West Beach, shopping, golf courses, and restaurants. Well-Maintained: New roof installed in 2020, climate-controlled laundry room, and gorgeous dark wood plank laminate flooring in the main areas. Stylish Details: High ceilings and skylights add to the appeal, along with carefully selected lighting fixtures and paint colors. LOW HOA fees $225 per YEAR, NO CDD FEES!
Located in Hudson, FL, Fairway Oaks is a beautiful community comprised of 350 custom designed single family homes. It is located less than five miles from the Gulf of Mexico and is close to shopping and schools, both public and private. The majority of the residents live here year round, while some homeowners vacation here for a few weeks or a few months at a time. In addition to its friendly residents, Fairway Oaks has built a reputation for its well maintained homes and common areas. It has a dedicated Board of Directors.
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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%.
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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.
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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