322 HOLLOWTREE DRIVE
About This Property
Major systems are covered: roof replaced 2021, water heater 2018, and the AC received a full professional service in March 2023 (new fan motor, cleaned coils, replaced dual capacitor, full electrical and pressure check). The entire interior - plus the garage walls and ceiling - was freshly painted by professionals in March 2023. A charming courtyard and covered front porch set the tone before you step inside, where sliding glass doors in the formal living room frame a stunning pool view. The fully re-screened enclosure (2022) spans the entire back of the home - your personal Florida oasis year-round. The expansive backyard offers endless possibilities, plus a large storage shed with electric hookup ready to become a workshop or extra storage. Inside, a formal dining room with a new modern chandelier connects to a well-appointed kitchen with ample cabinetry and all appliances included. A pass-through window opens to a side screened patio already wired for a ceiling fan. The family room showcases a gorgeous fireplace wall with stone, mirror, and a rustic vintage mantel.
The private bedroom wing features a primary suite with stunning vaulted ceilings and wood beams, two secondary bedrooms, and a second full bath. The character here is truly unique - mid-century charm blended seamlessly with rustic and modern touches. Located minutes from Seffner Elementary, the YMCA, parks, shopping, I-75, and I-4. This one won't last!
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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%.
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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