2605 Adrian AVENUE
About This Property
You will quickly recognize the outstanding workmanship and use of the highest quality products and finishes in this impressive solid block home. Just some of the upgrades: All windows are PGT WinGuard® Hurricane impact resistant, providing security, noise reduction and energy efficiency; the front door, backdoor and garage door are also impact-rated; all internal doors, including closet doors, are solid-core; and two tankless gas hot water heaters: one for the main house and a separate one for the accessory. Enjoy the tranquility of your beautiful back yard space which is fully enclosed with white PVC fencing. Inside you will truly be in awe of the impressive wood-plank-look luxury vinyl flooring used everywhere. The home is light and bright with neutral paint and an abundance of contemporary recessed lighting and ceiling fans. Enjoy spacious high ceilings throughout and an open-plan kitchen/dining/living area. The dream kitchen, with exquisite granite countertops, including a large peninsula, features classic (and trending) white shaker cabinetry, with plentiful soft-close cabinets and drawers, a gas range, and under-cabinet and feature lighting. All appliances are energy efficient, stainless steel. There is also a separate internal laundry room with a hookup for either a gas or electric dryer. All bathrooms utilize this same gorgeous high-tier granite in soft shades of grays, whites, and browns along with the same fabulous cabinetry. The master bedroom has an ensuite bathroom, complete with separate vanity area, a large shower enclosed with structural glass and an enormous walk-in closet; Kohler toilets and Moen fixtures are found in all bathrooms. The guest bathroom includes a Kohler cast iron tub. Lots of inside closets and an over-sized two car garage provide abundant storage. Be the envy of local gardeners with a beautifully landscaped front yard, lush green St Augustine sod and a four-well / four-zone irrigation system. This exceptional home comes with a one-year builder's warranty and includes Massey lawn spraying service until June of 2023. Fabulous location in central Largo! Close to the Pinellas Trail, Southwest Recreation Complex, Largo Central Park, hospitals, banks, libraries, restaurants, and more...this home is also not much more than a five-minute ride to the beautiful Gulf Beaches. There is not a lot of opportunity to own a new construction home of this quality in this area and at this price point... Don't miss your chance, see this one soon! Call today for a showing!
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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