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203 STAR SHELL DRIVE
About This Property
Step inside to an inviting open-concept floor plan designed for both everyday living and entertaining. Recent updates throughout the home make it easy to move right in, including luxury vinyl flooring, fresh interior and exterior paint, newly painted baseboards, updated ceiling fans and light fixtures, a beautifully remodeled primary bathroom, and freshly painted kitchen cabinets. The kitchen is complete with appliances that are just 3 years old, providing both style and peace of mind.
Outside, you'll love the expansive backyard overlooking a tranquil pond, offering plenty of room for pets, play, gardening, or creating your own outdoor oasis. Major exterior improvements include a new roof (2023), gutters (2024), and a new fence (2024), giving buyers confidence for years to come.
Located in the sought-after Harbour Isles community, residents enjoy resort-style amenities including a community pool, clubhouse, fitness center, playground, walking trails, and easy access to I-75, waterfront dining, marinas, shopping, and everything that makes Apollo Beach one of Tampa Bay's most desirable coastal communities.
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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 Apollo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017