2959 Rosemary DRIVE
About This Property
The large galley style kitchen is the heart of the home with updated wood cabinetry, Corian countertops, a large pantry with roll out
shelving, ceramic tile backsplash and the SS Appliances are Frigidaire Gallery Series installed in April 2021. HVAC was replaced in April 2018. Throughout the home there are newer windows with corrugated aluminum storm shutters stored neatly in the garage. The spacious screen enclosed pool has a large covered porch area for lounging and entertaining. Super wide driveway which extends the west side of the house for extra off street parking. Fantastic home in a great location convenient to the beaches, the Pinellas Trail, Taylor Park, shopping, fine restaurants and all the great activities that Florida has to offer. Welcome Home to fun in the Florida Sun!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017