97 LONG HAMMOCK DRIVE
About This Property
River Ranch offers a variety of amenities to include pools, hot tubs, tennis/pickleball, laundry, bathing facilities, shuffleboard, poker room, billiard room, lounge, fitness center, sauna and more. HOA dues are $699 every 3 month and include water, sewer, trash, cable, lawn, irrigation, security, amenities, manager. Buyers pay a one time $1500 Capital Contribution upon purchase. The Resort sits adjacent to Westgate River Ranch Resort and Rodeo with MANY fun things to do for everyone! For starters, there is a LIVE Rodeo every Saturday night – an excellent display of showmanship and fun for the entire family! There is even a Saloon (family friendly), with LIVE bands, DJs, dance parties and they give line dancing lessons for free. There is an adventure park which has a bounce house, mechanical bull, climbing tower, Arcade, mini golf, outside movie on the greens, bicycle rentals, airboat rides, river boat rides, swamp buggy, hayrides, petting farm, trap & skeet range and a bow target for shooting. There are several places to eat on property. The River Ranch Chop House serves delicious food and drinks, a waterfront Smokehouse Grill serves delicious BBQ, a pizza shop and an ice cream and coffee shop (serving Starbucks.) There is also a General store and a Western store to grab all of your favorite Cowboy/Cowgirl finds! Watch the Bison, Steers, Horses and other wildlife! Don't forget to check out the Petting Farm!!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017