16319 29th COURT E
About This Property
With a split 3 bedroom, 3 bathroom floor plan that also has an office and an en suite bonus room with its own entrance (perfect for a 4th bedroom), this home is both spacious and versatile.
Featuring 12-foot trey ceilings, engineered hardwood floors, custom kitchen cabinetry and stone counters with gas range and hood, set in an open floor plan with two sets of pocket doors that lead to the outdoor kitchen and saltwater pool with a heated spa, all on a .44-acre lot.
The home features modern conveniences like a whole house surround sound system, central vac, and a three-car garage with an extended bay for a small boat. Twin Rivers, known for its amenities, offers a "river house" on the Manatee River, boat ramp, fishing pier, playgrounds, a soccer field, basketball court, and more, all with low HOA fees and no CDD fees.
Experience the best of both worlds-a tranquil retreat that's so close to shopping, and easy commuting via 301, SR64 & I-75.
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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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About Twin Rivers
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017