2821 Samara DRIVE
About This Property
The 25-year dimensional shingle roof, installed with all new half inch plywood was completed in 2016. All AC units and water heaters were replaced between 2016 and 2020. Original construction of home is with pressure treated trusses and wood throughout for strength and to
resist Florida pests. Siding is poured concrete to withstand the Florida climate. Other upgrades include hardwood flooring throughout first floor living areas and primary bedroom, new garage doors, circle pavered driveway, boat lift with touchless remote cover, two solar powered floating jet ski charging docks, premium exterior lighting package and the kitchen/all bathrooms have been recently upgraded with designer finishes.
As a resident of Original Carrollwood you will be in an exclusive community of less than 1000 homes. You will have keyed access to two private parks, private tennis courts, and a private beach and boat ramp. The neighborhood has an Annual Halloween parade and costume competition, a fourth of July Ski show, a Christmas boat parade that you can join or get a front row seat from the back dock. Watch the annual neighborhood lake fireworks display from your living room or from the dock for a bird's eye view. Drive your golf cart through the community to the many parks or up to the local Publix. Entertain in the massive backyard, porch and deck. Take your Family and Friends out for a day of tubing, wake boarding, or wake surfing from the newly constructed Trex decking dock and Catch Bass, Bluegill, or Carp right off the dock as they swarm around the fish feeder.
Lake Carroll is a 185-acre ski lake that is crystal clear and is the only lake in Hillsborough county that has a swim permit. It is tested monthly for bacteria levels to maintain that permit. This lot is one of only a few with a sandy bottom behind the house which is great for swimming and
lounging in the water.
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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