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18322 Hepatica Road
About This Property
The gray exterior, arched entry windows, and wide paved driveway give this home strong curb appeal from the moment you arrive. The aerial view tells the full story of the lot, fenced with white vinyl, a large side yard with a detached storage shed, and plenty of open space for an RV, boat, or future pool.
Step inside and you're welcomed by a bright, open great room with vaulted ceilings, wood-look plank tile flooring, and a modern coastal palette throughout. The living area flows effortlessly toward 8-foot sliding glass doors framed with sheer drapes, connecting seamlessly to the screened lanai.
The kitchen is a true highlight - tall white raised-panel cabinetry, granite countertops, subway tile backsplash, a breakfast bar peninsula with seating, stainless appliances including a French door refrigerator with ice maker.The adjacent dining area comfortably fits a full table and opens to both the kitchen and living room, perfect for everyday living and entertaining.
The primary suite is spacious and serene. The second bedroom offers a queen setup with a closet and natural light. The third bedroom is generously sized, large enough to fit two sets of bunk beds ideal for kids, guests, or flex use. Out back, the screened lanai is extended. Lots of privacy from the white vinyl fence. A second set of sliders connects directly to the primary suite.
San Carlos Community Park is one block away. Minutes to US-41, schools, shopping, and SW Florida's beaches. Move-in ready.
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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