218 Garden CIRCLE
About This Property
Step into luxury and tranquility at 218 Garden Circle in the coveted town of Belleair. This spectacular property boasts four spacious bedrooms, three full bathrooms, and a home study/office. Relax in your new residence offering an open floor plan. 10 foot ceilings, new roof (2016), hurricane windows and doors (2016), A/C with UV light kit, water softener, tankless hot water heater, new appliances (gas stove) and fixtures, shallow well and security system. Step into paradise in your very own backyard! The beach-entry sparkling pool, heated spa, Astroturf with putting green, outdoor wood-burning fireplace, and spacious fenced-in yard will offer a lifetime of peace and comfort. The two-car garage provides ample space for your vehicles and storage needs. This is a non-flood zone property. You are minutes away from the soft, white sand and clear blue water of Clearwater Beach, and a wide range of amenities and activities are available to you, your family, and guests. This location offers access to stunning sunsets, a vibrant atmosphere, and a variety of dining and entertainment options. Florida's first world-class golf course, Belleair Country Club, was established in 1897. Just minutes away, experience two meticulously manicured Donald Ross courses designed to challenge players of all skill levels. Immerse yourself in the serene beauty of lush greens in your backyard. An offer like this does not last, so make it yours today!
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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