9585 Lantern Bay Circle
About This Property
This delightful home offers a blend of modern living and an active lifestyle, this property is more than just a home -it's the key to your dream retirement. As you step inside you are greeted by an open and airy living space with a pool view. Private primary en-suite with double vanities, soaking tub and walk in shower. Two additional bedrooms, one with a cabana bath attached to the beautiful backyard.
Baywinds offers an active lifestyle, Clubhouse, Pickleball, social gatherings and so much more. A/C 2024, W/H 2015,
Brand new garage door is in the process.
Master Association $540 quarterly
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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 Baywinds
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$3,600 /mo
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$1,550 /mo
- 1 Bed
- 1 Bath
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017