1242 Markley DRIVE
About This Property
Upon entering through your beautiful glass-designed front door, the spacious foyer leads to the heart of the home.
Before making your way to the kitchen, be sure to check out your spacious laundry room, which leads to your two-car garage. A few more feet into the foyer, is where you'll find the Primary bedroom with walk in closet and ensuite bathroom.
As you continue through the foyer and step under an architrave framed archway, you enter your vaulted ceiling living spaces. On one side you have a large living room with slider doors looking out onto the updated screened patio and private back yard. The other side is open to the dining space, great for holiday fun and family dinners. With the Kitchen at the center, you have an over the sink window looking into the back yard, beautiful wood cabinets, updated appliances, and an open counter style for cooking and entertaining all at once. Truly a perfect open, yet distinct space layout.
Off the dining space, you have two bedrooms and a hall bathroom. Being split from the front primary suite, makes this layout great for a growing family, guests or an office space.
This cozy home is situated on a cul-de-sac street, in a community with no HOA, no flood zone, and a fenced in lot with no rear neighbors. Equipped with added peace of mind, all power and utility lines are underground, safeguarding and minimizing power loss. This neighborhood is also on the same grid as the local law enforcement building making it a top priority, should there be any disruptions.
Being centrally located in the heart of Largo, you are a short walk to the Highland Rec Center trail, pond, pool, tennis and basketball courts, as well as close to schools, shopping, beautiful Eagle Lake Park and just 2 miles from the Pinellas trail.
Your new home awaits!
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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 Largo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017