11761 80th AVENUE
About This Property
DON'T MISS THIS AFFORDABLE HOME ideally located in Seminole near the Pinellas Trail and Seminole City Center, and all ready for you to move in. Enjoy further value and savings from the WHOLE-HOUSE SOLAR SYSTEM installed in 2018, the newer 2020 AC, the 2014 roof, and the newer vinyl fencing around the whole yard. All this and just a quick 5 minutes to local beaches! Inside, enjoy the split bedroom floor plan with the master bedroom and ensuite bath on the opposite side of the home from the other 2 bedrooms. The kitchen offers granite countertops with the dining area just adjacent. The main living area is spacious and bright with two large windows to let in the light. Relax in the large Florida Room or if you prefer to be outside, enjoy the screened in patio area with artificial turf flooring and a mount ready for your TV. Take advantage of the extra storage available with the shed out back at the end of the driveway. With Flood Zone X designation, no flood insurance is required, and with no community association there are no fees, pet restrictions or rental restrictions. The back yard is an ideal area for pets to roam or as a fenced in play area. This home is priced to sell - come and see it quickly!
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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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About Pinellas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017