962 SE Westminster Place
About This Property
Paradise found in Willoughby Glen of Stuart. This charming home boasts 2 ensuite primary bedrooms with huge closets plus den/office and 2 car garage. Great Room floorplan, diagonal tile throughout (just cleaned and sealed) vaulted ceilings, light, bright, sunny and freshly painted interior. New AC in 2022. COMPLETE IMPACT GLASS windows and doors for SECURE, COMFORTABLE AND and EASY LIVING. Lush PRESERVE location with large backyard, a nature lovers delight. Plenty of room for expanding and adding your personal touches.... think of adding a hot tub, pool or covered screened area. Small, gated community of less than 100 single family homes with heated community pool, partial lawn maintenance, irrigation & alarm. Low HOA fees. Central location tucked away but minutes to restaurants, shopping, dining, golf, medical, beaches, boating, historic downtown Stuart. Easy access to highways and airports. LOCATION, LOCATION, LOCATION
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017