17645 MEADOWBRIDGE DRIVE
About This Property
The home features 1,554 square feet of living space with a traditional layout that includes both a living room and a separate den-perfect for additional entertaining space or a home office. The spacious backyard is fully fenced and includes a large saltwater pool, creating your own private retreat right at home. The saltwater system is fully paid for, offering long-term savings and low-maintenance enjoyment.
Inside, you'll find thoughtful upgrades such as a whole-house water softener and treatment system, and over $9,000 worth of custom-designed California Closets in every closet, including a walk-in closet in the master bedroom. The A/C system, installed in 2019, includes an ultraviolet light feature for improved indoor air quality.
Zoned for A-rated elementary and middle schools, this property offers excellent potential for families, first-time homebuyers, or investors. While the home does need cosmetic updates, its solid block construction, valuable upgrades, and unbeatable location in the heart of Lutz make it a standout opportunity. Don't miss your chance to bring your vision to life in this no-HOA gem!
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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