940 RIMINI DRIVE
About This Property
community of Stonewood Estates in St. Cloud. Boasting 4 spacious bedrooms, 2.5 bathrooms, and a generous 3-car garage with an upgraded speckled floor, this home effortlessly combines timeless style with modern convenience. The thoughtful floor plan features a main-level primary suite, offering privacy from the additional upstairs bedrooms and a versatile loft space-perfect for a home office, playroom, or additional living area. Designed for both everyday living and entertaining, the bright and airy living room flows seamlessly into the expansive island kitchen and dining space-ideal for gatherings of any size. Outdoors, custom pavers add to the home's inviting curb appeal while providing a charming area for relaxing or hosting guests. With its classic exterior, spacious interior, and prime location near shopping, dining, top-rated schools, and major highways, this exceptional home offers the perfect blend of beauty, comfort, and accessibility.
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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.
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 Osceola
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017