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9038 STINGER DRIVE
About This Property
A major highlight of this property is the exclusive access to the Oasis Club, one of the community's most impressive amenities. This resort-style hub offers a huge value-add to the vacation experience, featuring a lazy river, kids' splash zone, resort-style pool, fitness center, and on-site dining options. From an investment standpoint, the home is a proven performer; it is completely booked with rental guests for the summer, demonstrating strong demand and solid rental income. Whether you are looking for a turnkey rental powerhouse or a destination home where every day feels like a vacation, this ChampionsGate gem delivers on every front.
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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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$2,950 /mo
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$2,700 /mo
- 4 Beds
- 2 Baths
- 1,940 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017