11544 MCLEOD STREET
About This Property
Front Room with arched windows doubles as living room, reading room or home office. Architectural columns form the formal dining room with room to expand your dining experience. Vaulted Ceilings throughout make the home feel even more open. The Galley style kitchen equipped with Corian Counters, Solid Wood 42" Cabinets with Beautiful Crown and Dental Molding , SS Appliances, Closet Pantry and breakfast bar for additional entertaining needs. Kitchen overlooks the huge family room that leads you to the glass slider to the extended enclosed lanai with garden view. This is where you will spend all your time and also has a screened in additional lanai for sunning and barbecuing. Primary Bedroom is large with walk-in closet and bath with plenty of counter space and double cultured marble sink vanity, garden tub and walk-in shower for lots of convenience. Split plan with two additional bedrooms and guest bath. Inside utility room with Included Washer and Dryer and upper cabinet for additional storage, as well as built in Folding Table. Super gutters all around the home and tinted windows throughout & Water Softener included. New Garage Door Opener. Corian Window Sills and Surround Sound System too! This home is a maintained home which includes exterior painting, lawn care, sprinkler maintenance, roof repair and maintenance. Roof was replaced 11/23, A/C 11/2019. Maintenance Also includes Fiber Optic Streaming Service & Internet.
This 55+ community is beautifully landscaped with sidewalks, benches, pet friendly and offers a 24-hour manned security gatehouse, year-round heated community pool, Bar & Grill to eat in or take out. Tennis and pickleball courts, billiard room, library and computer center, bocce courts, fitness center and many active activities to enjoy.
Close to local beaches, kayaking, fishing and 45 minutes to Tampa Airport.
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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