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2242 CASPIAN DRIVE
About This Property
From the moment you step inside, you'll fall in love with the pristine, carpet-free interior featuring premium luxury vinyl plank (LVP) flooring running seamlessly throughout the entire home. The chef-inspired kitchen stands as a true centerpiece, showcasing gleaming granite countertops, a designer tile backsplash, and freshly painted cabinetry that delivers a clean, high-end feel. Retreat outdoors to your private backyard paradise, where a spacious open-air deck awaits-the ultimate setting for sunset cocktails, weekend BBQs, or simply soaking up the sunshine. Featuring 3 spacious bedrooms, 2 full bathrooms, and an unbeatable location just minutes from Lakeland's best dining, shopping, and major commuter routes, this gem delivers the perfect blend of style, comfort, and convenience. Schedule your private showing today!
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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