1761 LONG BOW LANE
About This Property
The grounds are designed for an active outdoor lifestyle, featuring a private, full-sized tennis court and a massive screen enclosure with an expansive pool. Backing directly onto a serene pond, the lush acreage offers a level of seclusion that is hard to find in Pinellas County. With nearly two acres of land and no restrictive rules, the possibilities are endless-add a detached guest house, a collector's garage, or your own private garden.
Inside, the home has been elegantly reimagined with a designer chef's kitchen featuring bespoke cabinetry and high-end stainless steel appliances. While the primary renovations are complete, the home offers a unique opportunity to add your signature finishing touches, allowing you to build instant equity and customize the space to your exact taste. Zoned for well-regarded schools, including the acclaimed IB program at Largo High, this is a premier opportunity to secure a significant land holding and a custom-tailored lifestyle.
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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 Largo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017