11947 SAND MYRTLE ROAD
About This Property
Designed for both everyday living and effortless entertaining, this home offers a spacious floorplan. The living, dining, and kitchen areas flow seamlessly together, creating a bright and inviting atmosphere with tranquil water views as the backdrop.
The thoughtfully designed split-bedroom floor plan offers privacy for the primary suite, while 3 additional bedrooms and 2 full bathrooms provide ample space for guests or a home office. Step outside and enjoy the peaceful lake setting, perfect for morning coffee and relaxing after a long day.
Ideally located in the heart of Riverview, you'll enjoy convenient access to the interstate, connecting you to Tampa, Brandon, St. Petersburg, Bradenton, Sarasota, and beyond. With outstanding community amenities, a prime location, and a welcoming neighborhood atmosphere, it's easy to see why Waterleaf is one of Riverview's most desirable places to call home. Truly a must see!
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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 Riverview
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$2,275 /mo
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$2,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017