1
Map
98 HOURGLASS DRIVE
About This Property
Step outside to a large covered patio and screened lanai with a heated pool overlooking the lake. Accessibility features include a handicap-accessible pool lift, wheelchair-friendly design throughout the home, and an oversized 2+ car garage with a wheelchair ramp.
Additional updates include a new roof in 2022, re-piping completed in 2015, and a new dishwasher (2026). Ideally located near world-class beaches, shopping, dining, entertainment, golf, and more, this exceptional lakefront property offers the perfect combination of privacy, accessibility, and Florida living at its finest.
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