1235 WILLOWICK CIRCLE
About This Property
Inside you will notice this split floor plan with 3 bedrooms and 2 bathrooms has been well cared for. Top of the line Lauzon Wood Floors throughout. Remodeled kitchen with stainless steel appliances and quartz countertops. Family Room with wood burning fireplace and built in entertainment center. Primary Bedroom with walk in closet and built in organizer. Primary bathroom with Custom glass Dolphin Door that leads to outdoor pool area. 2 car garage with epoxy floor and Organizational shelving.
Walking distance to Philippe Park where you can walk along the bay and see Dolphin and Manatee playing. Bike down to the Safety Harbor Marina and see the pink spoonbills. Ride your golf cart to Restaurants and Festivals. 30 minutes to Clearwater Beach and 20 minutes to either Tampa International Airport or St Petersburg/Clearwater Airport.
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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 Willowick
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017