11189 108TH WAY
About This Property
It is a Commuter's delight, you're just a few minutes from the world's famous Gulf Beaches, being an Unincorporated property makes it also a great house for an Airbnb investment. Take your pick on which of our fabulous gulf beaches to frequent as Indian Rocks Beach and Madeira Beach are both just 5 short miles away. This home is centrally located near all that Seminole has to offer including Florida Botanical Gardens, Walsingham Park, multiple restaurants, schools, airports, parks, walking and bike trails, and water access for boating.
A perfect home, in the perfect location that offers the BEST of Seminole living at its finest! High and dry, not evacuation zone. ALL YOU NEED TO DO IS MOVE IN AND ENJOY IT.
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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