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306 FLORIDA DRIVE
About This Property
Inside, the spacious living and dining areas feature warm wood-look flooring, crown molding, recessed lighting, ceiling fans, and a bright, neutral color palette. The updated kitchen showcases white shaker-style cabinetry, solid-surface countertops, a geometric tile backsplash, tile flooring, and stainless-finish appliances. The refrigerator and Whirlpool microwave were installed in 2025, while the Samsung electric range and dishwasher were installed in 2020.
The bathroom features a modern white vanity, contemporary lighting, a large mirror, and contrasting black fixtures. Additional conveniences include a spacious interior laundry room, a Honeywell programmable thermostat, and a Rheem HVAC system installed in 2024.
Outside, the expansive fenced yard provides plenty of room for outdoor activities, gardening, pets, or entertaining. A detached garage/workshop and separate outbuilding offer additional storage and renovation potential; neither structure is represented as heated living space.
Conveniently located near Auburndale shopping, dining, and major roadways, this property offers updated interior features, flexible spaces, and plenty of possibilities. Schedule your private showing today!
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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