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2034 58TH LANE N
About This Property
Enjoy your private outdoor oasis with a 4-year-old heated saltwater pool and screened enclosure, surrounded by pristine landscaping with a sprinkler system and irrigation well and beautifully mature shade tree. Major improvements include a 2-year-old roof, 4-year-old A/C system, impact-rated windows, doors and garage door, R-38 blown-in insulation, tankless water heater, whole-house carbon filtration and water softener, and a reverse osmosis system serving the refrigerator and kitchen sink. The garage is equipped with a mini-split A/C system for added comfort and versatility.
Additional upgrades include an upgraded electrical service panel, 50-amp generator hookup, and 3rd-nail wind mitigation improvement. With extensive updates throughout and major systems already upgraded, this home offers peace of mind and is truly move-in ready. A rare opportunity to own a meticulously maintained home with quality improvements, a beautiful pool, and a peaceful cul-de-sac setting.
Home is about a 20 minute drive to the world renown white sands of Clearwater beach, and is less than 10 minutes to the Clearwater/St. Pete air port which offers great convenience for employees or Coast Guard Servicemen... Don't wait, call today for your tour.
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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%.
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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