1237 Highwood PLACE
About This Property
New Front Landscaping! The pool has a new pump and a heat exchanger. 3669 SQ FT! Double Split Floor Plan, 5 Bedrooms, Office and 3 Bathrooms, 3 Car Garage! One of the guest bedrooms has it own bathroom (ensuite). Great location and lot with plenty of outdoor space for your family to run around, and in the Wiregrass school district. 8 Ft Glass Front Doors, Huge Kitchen with center island, including a sink, 42 inch cabinet space above and cabinets below. This home is ready for your personal touches and decorating style. Surround Sound, Ceiling Fans in all bedrooms, No Carpet, either tile or Engineered Hardwood Flooring throughout. The lanai area is plumbed for electrical and gas for an outdoor kitchen. The gated community of Manor Isle is close to the clubhouse which features a pool, tennis and basketball courts, fitness center and playground. ELEMENTARY SCHOOL is a few blocks from this neighborhood. Easy access to USF, Moffitt Cancer Center, Haley VA Medical Center, all highways and so many restaurants. Newer garage doors with 10 years warranty.
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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