249 SHORE DRIVE
About This Property
Ideal for boating enthusiasts, the property features a 10,000 lb. lift and jet ski lift. The low-maintenance yard includes a paver pool area with zeriscaping, and a pool as well as three separate A/C zones to ensure year-round comfort. The oversized garage accommodates two cars plus plenty of room for storage, water toys, and more. Plenty of room for RV and or boat storage in the side yard as well. Convenient oversized dumbwaiter can be used for transporting heavy items to all three floors.
Located in Ozona, a charming, golf cart-friendly community with a rich history dating back to the late 1800s, this home is close to five marinas and some of the best schools in Pinellas County. Don't miss the chance to experience this unique home 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