2753 State Road 590
About This Property
This 3 bedroom 1 bath home is all tile and wood laminate throughout. It has a bonus room that could easily be converted to a fourth bedroom or used as your office. The kitchen has granite counters, new wood cabinets and new appliances. The entire house has been freshly painted. Enjoy the large private fenced back yard. Great for your pets or your kids!
The roof was installed in 2021 and the A/C and electrical panel were new in 2015.
The property is located between McMullen Booth and US 19, very close to Clearwater Beach, Clearwater Malls, and a multitude of great restaurants.
Don't miss this one.
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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