2303 Highlander WAY
About This Property
Do you work from home? The office in this house is fantastic! Walking distance to two A-rated schools plus the YMCA and baseball fields. The kitchen has a MASSIVE Skylight that allows natural light to flood the kitchen. Kitchen with all Granite surfaces and Backsplash, Solid Wood Cabinets, Stainless Appliances. 18" Travertine tile in Kitchen, Kitchenette, Great Room, Hall, 2nd Bath, and Laundry Room. Large Master with His and Hers Walk-in Closets. Master Bath has Hydro Massage Tub, Dual Sinks, and separate shower (vented to cut down on steam). Jack and Jill bath between bedrooms. Warm and inviting Oversized Family Room with wood-burning fireplace. Air Handler, all Duct Work, and Returns were replaced in 2015. Garage doors were replaced in 2020. Pool pump replaced in 2020. The pool heater was replaced in 2019. Roof replaced in 2021. Exterior painted in 2018. Water heater replaced in 2021. Laundry room sink replaced in 2020. 50 minutes to Macdill AFB and 90 minutes to Disney.
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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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About Bloomingdale
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$2,850 /mo
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$2,650 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017