106 19TH AVENUE
About This Property
The main living area is a bright and inviting space highlighting a sunlit family room featuring a wall of floor-to-ceiling windows, a natural gas fireplace, and admiring your private backyard paradise. The backyard is perfect for relaxation, with a sparkling pool with a waterfall feature surrounded by a travertine deck and mature tropical palms-your own private oasis. The main floor also hosts an inviting spacious formal living room with built-in shelving as well as a large dining area offering plenty of space for meals and gatherings.
Upstairs, the primary suite is your personal retreat with high beamed ceilings, a spacious walk-in closet, an en-suite bath, and a balcony peeking out to the Gulf of Mexico. Downstairs, there's another large bedroom with two closets, an updated bathroom, and a handy laundry area. Plus, there's an oversized one-car garage with alley access and extra parking space. Additional updates include 2 brand new central air conditioning units, all new true hardwood flooring throughout the man living level, new washer and dryer and much more!
Living here means embracing the laid-back beach lifestyle. You're just a short ride away from the boutiques and restaurants on 8th Avenue, with sunset golf cart rides being a perfect end to your day. Enjoy quick access to downtown St. Petersburg, just 15 minutes away, and Tampa International Airport within 40 minutes. This isn't just a house-it's your everyday vacation spot where you can move right in and soak up all the sunshine and sea breezes.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017