11621 68th AVENUE
About This Property
Nestled in a quiet and serene neighborhood, this property is perched on the highest point in the county, ensuring it lies within a NO flood zone. The expansive 75 x 160 lot is a rare oversized gem in Canterbury Chase, boasting mature landscaping and a private backyard oasis that's perfect for relaxation or entertaining...
This home is ideally located just a short drive from Madeira Beach, less than a mile from Seminole City Center-offering easy access to shopping, dining, and entertainment-and a few short blocks from Boca Ciega Millennium Park with your own Canterbury access , a beautiful spot for outdoor activities. It's also just under a mile from the Pinellas Trail, providing miles of paths for walking, biking, and exploring.
Recent upgrades completed in 2022 include a modern kitchen with new appliances, updated bathrooms with contemporary finishes, hurricane-rated windows and doors, custom blinds, a new electric panel and meter, a new HVAC system, a water heater, replumbed sewer lines, an irrigation system, fresh interior and exterior paint, a screened porch, gutters, downspouts, pavers, and a vinyl fence.
This home offers the perfect balance of modern comforts, a prime location, and peaceful surroundings. Don't miss the opportunity to make it yours-schedule a 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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017