219 STRIBLING DRIVE
About This Property
This charming 2 bedroom, 2 bathroom home offers 1,129 sq ft of well-designed living space on a spacious 0.21-acre lot. Originally built in 1969, it has been beautifully updated with modern finishes and major systems already taken care of for you: *******Brand New Metal ROOF (2024) New HVAC System (2025) New Water Heater (2024) Electrical brought up to code (2024) All-New Interior Paint & Doors (2024) New Bathroom Vanities + Glass Shower Door in Primary Bath (2024) New Stove/Oven & Industrial-Grade Washer/Dryer (2024) Ring Doorbell Installed (2024)******* Enjoy peaceful mornings on the front porch, shaded by the metal roof, or entertain in your oversized backyard with endless potential. With a 1-car carport, updated systems, and no community restrictions, this home is perfect for full-time living or investment. This is Florida living with freedom and upgrades - come see it before it's gone!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017