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30603 TREMONT DRIVE
About This Property
Ideally located in the heart of Wesley Chapel, this home offers convenient access to some of the area's most popular shopping, dining, entertainment, and transportation destinations. The Shops at Wiregrass, a premier open-air shopping and dining destination, is just minutes away, while The Grove at Wesley Chapel and KRATE at the Grove offer even more restaurants, shopping, entertainment, and local events. Tampa Premium Outlets and Cypress Creek Town Center are also nearby, providing an extensive selection of retailers, restaurants, and everyday conveniences. For commuters, the home offers easy access to I-75 via State Road 56, making trips toward Tampa, New Tampa, and surrounding communities convenient. Bruce B. Downs Boulevard, State Road 54, and I-275 are also readily accessible, connecting you to major employment centers, medical facilities, schools, and entertainment throughout the Tampa Bay area. AdventHealth Wesley Chapel and other major medical services are close by, while Wiregrass Ranch, local parks, sports facilities, and an abundance of restaurants are all within a short drive. This location truly puts the best of Wesley Chapel right at your fingertips.
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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 Meadow Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017