115 GRADY POLK ROAD
About This Property
Major updates include a brand-new roof and new drain field, giving peace of mind for years to come. Inside, you'll find all new luxury vinyl plank flooring, upgraded 5.25-inch baseboards, fresh interior paint, along with all new ceiling fans and lighting throughout. The exterior has also been freshly painted and updated with beautiful landscaping, decorative rock, and new plants for outstanding curb appeal.
The fully renovated kitchen features soft-close hardwood cabinetry, granite countertops, stainless steel appliances, and even a convenient pasta pot filler - perfect for everyday cooking and entertaining. The open living and dining room layout creates a bright and welcoming feel as soon as you walk in.
The massive primary bedroom offers exceptional flexibility and includes its own separate exterior entrance, ideal for privacy, guests, or a potential home office setup.
Additional upgrades include a newer AC system that was recently serviced with new ductwork, newer well pump, Culligan water softener system, gutters, and fully paid-off solar panels installed in 2023 - helping keep utility costs incredibly low, often under $20 per month!
Outside, enjoy the fully fenced backyard, large storage shed, plus two separate driveways offering plenty of parking for vehicles, trailers, boats, or guests.
Conveniently located near shopping, dining, schools, and major roadways, while still tucked away in a peaceful neighborhood setting. Polk County continues to see tremendous growth thanks to its central location between Tampa and Orlando, making Winter Haven one of Central Florida's most desirable and rapidly expanding areas. Conventional, FHA, VA and USDA Eligible! Borrowers may qualify for up to $35,000 in Down Payment Assistance with our preferred lender!
Schedule your private 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017