1612 N MARLBOROUGH LOOP
About This Property
Heading up the extended driveway into the two car garage, you'll find pull-down stairs for easy attic access, finished floors, as well as a side entry door for convenience. Don't sweat it in the inside laundry room with utility sink and upper cabinets as you walk in from the garage. The exterior of the home features gutters and downspouts and includes a sprinkler system. Hillcrest is situated in east Crystal River, outside the flood zone. Amenities to enjoy include: 2 swimming pools, tennis/pickleball courts, shuffleboard/bocce ball, clubhouse with social events, walking trails and ponds. The HOA simplifies life by covering trash/recycle, cable and WiFi. Now for the fun stuff! Citrus County's newest hotspot is the Shops at Black Diamond with tons of restaurants, grocery stores and shopping. The perks of living near the Nature Coast include the Gulf nearby for beaches and fishing, Crystal River/Three Sister Springs/Hunter Springs Park for swimming with manatees and all the water activities you can imagine. If you prefer greenery to the blue, golf courses are aplenty as well. The new Suncoast Parkway as added even more convenience for travel. Not to mention, it's approximately 1 hour and 15 minutes to Tampa Intl Airport and about 1 hour and 30 minutes to Orlando Intl Airport. Schedule your 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017