1148 Glenwood DRIVE
About This Property
A 53'4"x21"10" covered screened pool area with plenty of outdoor seating, a jacuzzi, and beautiful greenery. This is an ideal outdoor space to truly enjoy the Florida life! All majors are newer: Roof (2017), A/C (2018), electric water heater (2020), pool pump (2021), pool heater (2021) with one year warranty that does transfer to new owner. Additionally, this home includes a 13,000 watt generator with transfer case and is dual gas and propane and currently has two 100 pound propane tanks hooked up.
The home has a clean 4-Point and Wind Mitigation inspection completed in July 2022. There are many upgrades in this home, and also lots of room to build equity. Located in a non flood zone. Great Dunedin location near shopping & more!
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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