10102 Somersby DRIVE
About This Property
There is an upgraded eat-in kitchen with granite counter tops, tile back splash, stainless steel appliances, cabinets complete with pull out shelving, and a gas stove! Large open living area with wood flooring, sliders open to a backyard pool paradise with large covered lanai w/ pavers, screened enclosure with dining area big enough to seat 10 or more on large table with Cable TV connection. Separate formal dining room. Vaulted ceilings in every room, lighted niches, plant shelving. Office/den complete with built-in shelving that could easily be turned into a 4th bedroom. Spacious Primary Suite with french doors opening to pool area. Primary bath has separate shower, tub with spa, and walk-in closet.
Dolby 7.1 surround speakers in walls and ceilings pre wired in both living room AND primary bedroom. Solar heated pool with fountain and new pool pump as of 2021. NEWER A/C 17 Sear with UV bacteria killing light filters gutted and all internals replaced in 2016. Ring doorbell and cameras at front door and above garage.
Recent renovations include:
* NEW ROOF (replaced in 2018 with wind mitigation braces)
* New AC Unit rehab
* New Pool Pump
* New flooring throughout
* Freshly painted exterior (2021)
Lake St Charles features a 70 acre lake surrounded by a winding 2 mile trail with workout station along the trail, covered by mature pine and oaks. Fishing docks, shaded playground and doggie park, lighted tennis courts soccer/baseball field, basket ball court, resort style community pool includes lap and kiddie pool. This Riverview community is all about LOCATION! LOCATION! Close access to I75/Selmon Expressway makes for an easy commute to downtown Tampa, Ybor City and MacDill. Short drive to St Pete/Clearwater beaches, Disney and Sarasota.
Come on home to Lake St Charles!
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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%.
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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 Lake St. Charles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017