111 Outlook AVENUE
About This Property
Live the good life in this like new, well cared for, Florida home! Take a two minute walk to the lake and cast a line to catch dinner!Walk through the beautiful double doors with glass and in-pane blinds and enjoy this immaculate 3 bedroom home with beautifully tiled master bath and guest bathrooms. Master bath features separate tub and walk-in shower. With a marvelous, open floorplan, everything is right at your fingertips! Two separate living areas, a tiled foyer area and large indoor laundry room, as well as bedrooms two and three being separated are just a few of the features of your new home! Plenty of room to add a pool and you already have a bathroom set up as a pool bath! Bask in the cool breeze from the private, screened in lanai. Use the third garage stall as storage or park your third vehicle there! Located centrally between US 19 and the Suncoast/Veterans's expressway for ease of travel up to Homosassa or Crystal River, down to Tarpon Springs, Clearwater or over to Tampa International Airport, Wesley Chapel and shopping. Come fall in love 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017