11501 119TH TERRACE
About This Property
Step inside to find an open, light-filled floor plan featuring stylish laminate flooring, elegant crown molding, and an inviting living and dining space designed for effortless entertaining. The remodeled kitchen boasts quartz countertops, abundant cabinetry, and an open-concept layout that's perfect for both daily living and hosting guests.
The spacious primary suite includes a walk-in closet and private en-suite bath with a step-in shower, while the second bedroom and full bath provide comfort for family or visitors. Outside, enjoy a generous fenced backyard with plenty of room to relax, garden, or entertain.
Notable updates include solar panels (2021/$30 power bills), new hurricane impact windows (2022), A/C (2019), and a warranted roof (2024), providing added efficiency and peace of mind. All appliances included.
Ideally located, and 62' above sea level (No flood and Non Evac zones/amongst the highest points in Pinellas County) just minutes from award-winning Gulf beaches, Walsingham Park, the Florida Botanical Gardens, shopping, dining, backs up to the Pinellas Trail, and offers top-rated Seminole schools, this home offers the perfect combination of convenience, comfort, and Florida living. Great investment/rental property too!
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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