10822 109th LANE
About This Property
cabinets and counter space. The bedrooms have ample closet space and brand new flooring. The luxury master bathroom was just
updated and the guest bathroom is in great shape. The spacious, fully fenced in back yard has a large Man Cave/She Shed or can be
used as an office. The house has a new roof and freshly painted interior. Centrally located between Clearwater and St Petersburg
near shopping, dining, entertainment, recreation and just a short drive to gulf beaches, I-275, airports and Tampa. The house is in a
non-evac zone. Schedule your showing today.
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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