12604 Hicks ROAD
About This Property
This is the PERFECT place if you need room for family, pets and toys! Fantastic split floorplan with master suite privately located on one side, three bedrooms and full bath on the other. This unique floorplan features a formal dining in the middle of the home (could easily be used as a second family room), a huge game room that comes with a pool/ping pong table, pool cue cabinet and two long benches, a separate laundry room and a third full bath near the back door, so handy for cleaning up after playing in the fully fenced, nearly half acre yard! Possibilities are endless here! Relax on the large covered front porch with some iced tea, or, if you prefer, the fully enclosed back lanai is huge and a great place to stay cool on the hot, summer days! The eat in kitchen is large and open with a great pantry area. Outside, you'll find a single car garage/shed solid but needs new siding, beautiful mature landscaping that provides excellent privacy, tons of space to park boats, RV's and even add a pool!
This home is move in ready, and with some minor cosmetic TLC, will shine like a jewel. Sellers have replaced ALL subflooring and installed new laminate and carpet in all rooms but game room. New paint and baseboards. AC had heater element and condenser motor replaced in 2023. Two hot water heaters new in 2020. Roof is metal on one side, shingle on the addition with 5+ years left! Although heated sq.ft. is 1.248, according to county records, the block addition adds another 435 sq ft heated/cooled for a total of 1,683!! No water/sewer bills here either! Current 4-point inspection and no Flood Zone.
Located close to shopping, restaurants, medical facilities and schools. Veterans Memorial Park, with splash pad, pools, tennis/racket ball/basketball courts, soccer/baseball fields and walking/running trails less than 2 miles down the street! Renowned beaches and Tampa Intl Airport also just a short drive. Come see what this home has to offer, you'll be pleasantly surprised! **BEING SOLD AS -IS**Washer/Dryer do not convey with sale. See Realtor remarks for more info. You won't find another home this big on over half an acre anywhere, at this price. Come check it out!!
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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