10516 Morning Marsh LANE
About This Property
The kitchen is spacious with quartz countertops, soft-close cabinets, large pull-out drawers for pots and pans, under-cabinet lighting, stainless steel appliances, pantry and a breakfast bar with pendant lighting. The primary suite has dual walk-in closets, and an en-suite bathroom equipped with dual vanities and upgraded faucets.
The second and third bedrooms are thoughtfully situated on the opposite side of the house for privacy and share their own bathroom. The laundry room conveniently located by the garage entry has cabinets for extra storage. Enjoy the serene beauty of the outdoors from the screened-in extended lanai, complete with an expansive view of the pond, ideal for entertaining guests. The lanai is also pre-wired for TV setup.
For peace of mind this home has added foam insulation in the block walls, a hurricane grade garage door and hurricane shutters.
This vibrant community offers an array of amenities, including a pool and spa with cabanas, walking trails, a fitness center and two dog parks. Symphony Park within the community has a soccer field, playground, a pavilion equipped with a charcoal barbeque and picnic tables and cornhole courts, ensuring there's something for everyone to enjoy. Silverleaf is located 4 miles for I-75 giving you quick access to Tampa/St Pete and Sarasota. And is convenient to restaurants, shopping, medical care and Gulf Coast beaches
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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