3103 ARECA CIRCLE
About This Property
The spacious kitchen is a chef's delight, featuring stainless steel appliances, granite countertops, breakfast bar and a built-in pantry with custom pull-outs for optimal storage. A charming dinette area sits adjacent, perfect for casual meals.
All three bedrooms are generously sized, offering comfort and versatility. The primary suite boasts a walk-in closet and an en-suite bath, while the additional bedrooms share a well-appointed second full bathroom. The oversized laundry room offers ample hidden storage, seamlessly complementing the convenience of the two-car garage.
Step outside and enjoy your heated, saltwater pool all year long. The expansive screened-in patio seamlessly connects to a fully fenced backyard, offering the perfect blend of privacy and entertainment! As a resident of Original Carrollwood, you'll enjoy access to private parks, playgrounds, tennis courts, pickleball courts, a recreation center, Scotty Cooper Park, and exclusive Boat access to ski-sized Lake Carroll via WhiteSands Beach Park. Conveniently located near top-rated schools, shopping, dining, downtown Tampa, and Tampa International Airport, this home truly offers the best of Florida living.
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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