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13419 CHIPPENDALE STREET
About This Property
Spend your weekends kayaking the crystal-clear waters of Weeki Wachee Springs State Park, fishing and watching Gulf sunsets at Jenkins Creek Park, exploring the trails at Crews Lake Wilderness Park, or biking along the Suncoast Trail. Pine Island Beach and Gulf Coast recreation are also within an easy drive, making it easy to enjoy the outdoor lifestyle this area is known for.
Back at home, the open floor plan features quartz countertops, tile throughout the main living areas, and no carpet. LVP flooring was added to the bedrooms in 2024, and ceiling fans are installed in the living room and all bedrooms. Smart home features and a Ring camera add everyday convenience.
This home has had just one owner and only one owner has ever lived in the property, resulting in exceptionally light use throughout. The washer and dryer are only one year old and convey, while the 2-car garage features a finished epoxy flake floor. County water and a lightly used septic system complete the home.
Live conveniently. Explore naturally. This is your opportunity to enjoy more space, more freedom, and the laid-back Nature Coast lifestyle right from home.
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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%.
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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 Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017