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11613 PEAR TREE DRIVE
About This Property
The community of Arborwood has its own clubhouse with pool exclusively for residents. Also, Summertree has a community center with pool, Jacuzzi, billiards room, library, game room, and fitness center. Also, there is a golf course, shuffleboard, tennis courts, bocce ball, and shuffle ball courts. HOA amount includes cable, internet, trash pickup, and grounds maintenance. These homes are truly turnkey and all you have to do is enjoy!
Located just off of Route 52 you are close to shopping, restaurants great medical services and a quick jump on the Sun Coast Highway takes you to Tampa in 35 minutes! These homes a very desirable and don't come for sale often so please call and make an appointment to see this beautiful property.
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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.
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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