12079 Forest Park CIRCLE
About This Property
Situated on over a quarter-acre lot, this property features mature trees and landscaping, creating a serene and private oasis. Step inside and be greeted by the inviting ambiance and stylish finishes. The kitchen boasts tile floors, custom cabinetry, and top-of-the-line appliances, while the bathrooms also feature elegant tile flooring. The bedrooms and main living areas are adorned with luxury vinyl plank (LVP) flooring, offering durability and a touch of sophistication.
Enjoy the Florida lifestyle to its fullest on the covered lanai, perfect for relaxing or hosting outdoor gatherings. The home is equipped with a water purifier, tankless water heater, and a newer HVAC system, providing both convenience and energy efficiency.
Located in the desirable Central Park community, residents can take advantage of fantastic amenities, including a community pool, playgrounds, tennis courts, and walking trails. Additionally, this prime location offers easy access to pristine beaches, championship golf courses, upscale shopping, dining options, and the vibrant cultural scene of downtown Bradenton and Sarasota.
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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