14218 85th AVENUE
About This Property
This thoughtfully designed layout includes three baths, elegant living and dining areas, and a spacious family room warmed by a charming wood-burning fireplace.
Step into the updated kitchen, adorned with stunning stainless-steel appliances, conveniently connected to the dining area by a private door, offering picturesque views of the backyard.
The lower level family room showcases bamboo flooring, a wood-burning fireplace, and a private bath that doubles as a pool bath, providing the potential for a private in-law suite conversion.
Outside, no expense has been spared in creating a tranquil backyard haven, featuring upgraded pavers for the pool deck and a covered, screened lanai surrounded by lush tropical landscaping. The pool has been recently refinished and includes a new electric heater and pump, ensuring year-round enjoyment.
Additional amenities include an attached 3-car garage with an upgraded electrical panel.
Nestled in an established neighborhood within the Seminole school district, this home offers convenient access to Gulf Beaches and the Seminole City Center, where you can indulge in dining, entertainment, shopping, and more – all just a 5-minute drive away!
Don't let this incredible opportunity slip away. Schedule a private showing today!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017