2652 Woodring DRIVE
About This Property
Exuding charm from the curb with its picturesque front facade, this 3-bed, 2-bath home is sure to make a lasting first impression. Upon arrival, you'll appreciate the ample parking provided by the spacious driveway and one-car garage. The well-manicured lot features lush greenery and mature trees, adding a touch of tranquility to this beautiful neighborhood. Thoughtful plantings line the front walkway that leads you to a warm and inviting front porch, adorned with a quaint white picket railing - the perfect spot to enjoy sunny mornings and quiet evenings.
The lovingly maintained exterior offers peace of mind with significant improvements including a newer HVAC (2017), metal roof (2018), wooden fence (2018), garage door (2018), hurricane impact windows (2021), rain gutters (2021), a water softener/reverse osmosis water filtration system (2023), and a recently pumped septic tank (2024). With the big-ticket essentials already in place, embrace the freedom to customize the space!
Inside, terrazzo floors guide you through nearly 1,300 square feet of living space. The main living area flows into a retro-inspired kitchen, ready for a modern makeover that will make it shine. Natural light fills the space, highlighting the potential for open, inviting areas perfect for relaxing and entertaining. With the right updates, this home could easily become a stylish retreat that reflects your unique style. Situated in an outstanding neighborhood, this property provides an exceptional location with close access to local amenities, schools, and parks. Embrace the opportunity to bring this solid home into the modern era-offering both an excellent investment and the chance to build your dream interior from the ground up.
Don't miss out on this rare find that blends essential upgrades with room for personal touches!
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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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About Clearwater
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017