1607 Kingsdown DRIVE
About This Property
2.5 Bathroom/ 3 Oversized Car garage/ Pool home on an Acre. Beautifully maintained and cared for. AMAZING Curb Appeal. This home is great for Entertaining. Real Wood Burning Fireplace, Solid Surface Counter tops, OVERSIZED Walk In Pantry , Upgraded Raised Wood Panel doors in the Kitchen, Large Oversized Walk in Pantry, Tray Ceilings in the Family room and Master Bedroom . Radiant Barrier Roof Protection for lower Energy Bills. Central Vac. Lexan Hurricane Shutters ,Aquarium Window overlooking the most BEAUTIFUL Backyard. Spacious Family Room and Separate Living Room. 15 X 20 Master Bedroom with 2 Walk in Closets. Step onto your lanai and Enjoy your Salt Water Solar Heated Pool. Plenty of room for relaxing and enjoying where the deer roam the grounds daily. The 3 Car garage is Extended 6 Feet for lots of Storage and extra vehicles. This home is truly a GEM and Won't Last long. Only 7 miles to I-75 . Minutes to UTC Mall , Restaurants, Shopping , Benderson Park and the Worlds most beautiful beaches.
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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