1512 Alder WAY
About This Property
No HOA!! No CDD! If COMFORT and RELAXATION is what you love then this one is for YOU! The large front yard boasts BEAUTIFUL mature oak trees and LUSH lawn with picture PERFECT landscaping on this OVERSIZED lot. The driveway has ample PARKING for friends and family that visit. And the front PORCH is the perfect place to greet them! You'll ENJOY spending your time ENTERAINING in the kitchen that is OPEN to the dining area, whether it be sitting at the breakfast BAR or the dining table, everyone can be a part of the conversation. The great conversation doesn't stop after a meal, DELIGHT in sitting in the great room with COZY wood burning FIREPLACE with stonework OR walk thru the French doors to your LARGE screened wrap around LANAI that is PERFECTLY LIT to RELISH any evening. When not entertaining, you will APPRECIATE the large indoor utility room with dedicated OFFICE space. Or the LARGE garage for home projects. The East side of the home is an IDEAL retreat to lay your head at the end of the day. NEW AC, NEW Water Heater, NEW Light Fixtures, NEW Ceiling Fans, Water Supply Lines REPLACED with CPVC!! ROOF has 14 years of life left!! SOLID Surface countertops, Beautiful Kitchen Cabinetry and PLENTY of it!! Neighborhood is a short drive to Limona PARK, Lakewood PARK, and all the city's top restaurants. CONVENIENTLY located close to all Brandon city amenities, I75, SR60 and 20 minutes to downtown Tampa and access to area BEACHES! If this sounds like the BEST home for YOU then CALL today for your PRIVATE showing!! **Multiple offers, highest and best by 8pm on 10/20**
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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