12221 Partridge Hill ROW
About This Property
The kitchen features newer maple-wood cabinets, stunning granite countertops, stainless steel appliances, a delightful pool, an enclosed lanai, and a completely fenced backyard. Furthermore, the home has been enhanced with fresh paint both inside and out, new luxury vinyl flooring throughout, modernized bathrooms, new lighting, a brand new roof (installed in 2022), a new AC system (from 2022), new pool equipment (installed in 2022), newly re-screened pool enclosure (as of 2022), and a newer functioning well-water sprinkler system. The spacious covered lanai and pool area makes this home perfect for summer pool parties or simply relaxing while enjoying the fantastic Florida weather. This home is conveniently located near various beaches, Bayonet Point Hospital, and just a 45-minute drive to Tampa International Airport. This property is an absolute 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017