1663 Lakeside DRIVE
About This Property
The newly epoxy-floored garage adds another modern touch to this already impressive home and also features a convenient 1/2 bath. Tarpon Springs is renowned for its vibrant community atmosphere, and the nearby beaches, plus an array of watersports offers endless opportunities for relaxation and recreation, shopping and some of the best dining out from local Pizza to Fresh caught Seafood. This is the perfect combination of comfort, convenience, and coastal living!
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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