2529 SANDY HILL COURT
About This Property
Step outside to a newly tiled screened lanai and patio that overlook lush tropical gardens and two large palms, creating a private and relaxing retreat. Tucked away on a quiet cul-de-sac, this home offers both tranquility and access to an active lifestyle. Residents enjoy a heated pool within the 55+ section as well as a second resort-style pool, along with a wide range of activities hosted in both the 55+ clubhouse and the main clubhouse, where you can play tennis or pickleball or stay active in the fitness center. Just beyond the gates, the nearby Ben Harrill Community Center and sports complex provide even more recreational options, while the scenic Anclote Coastal Trail across the street invites you to bike or walk to several waterfront parks featuring nature trails, fishing piers, swimming areas, and a boat launch. With easy access to the vibrant areas of Tarpon Springs and New Port Richey for dining, culture, sports, and entertainment, this home truly offers the best of Florida living-plus the added benefit of no flood insurance required.
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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 Key Vista
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017