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2158 SCOTLAND DRIVE
About This Property
The kitchen offers wood cabinetry, granite countertops, pull-out pantry drawers, dimmable lighting, newer flooring, and a large stainless steel sink, creating a space that is both practical and welcoming. Bedrooms feature brand-new carpet, while additional interior updates include fresh paint, replaced windows, new ceiling fans, laminate flooring, and generous storage with large primary and linen closets. A convenient coat closet is located near the front entry.
Enjoy the versatility of the enclosed rear patio completed in 2021, perfect for relaxing, entertaining, or creating additional living space. The attached garage is a standout feature with finished flooring, built-in shelving and cabinetry, a utility sink, and a convenient half bath.
Major updates provide peace of mind, including a new roof in 2025, updated electrical panel in 2018, and water heater in 2019. The fully fenced backyard offers privacy and room to enjoy the Florida lifestyle.
Conveniently located near shopping, dining, parks, and Clearwater Beach, this move-in-ready home combines everyday comfort with numerous valuable improvements. Seller is offering a home warranty to the buyer with an acceptable offer, providing added confidence and peace of mind.
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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