3267 FOX HILL DRIVE
About This Property
Step inside and discover a sanctuary that has been meticulously remodeled from top to bottom. The home features brand-new, waterproof laminate flooring installed in 2021, creating a seamless and stylish flow throughout the main living areas, with durable tile in both updated bathrooms. The gourmet kitchen is the heart of the home, boasting elegant solid surface countertops and a suite of high-end appliances, including an LG refrigerator, a Bosch dishwasher, and a new Frigidaire slide-in stove.
This property is truly turn-key, with all major systems recently replaced for worry-free ownership. Enjoy the peace of mind that comes with a new roof (2020), a Trane AC unit (2020), and a new electrical panel (2021). Further enhancements include a new water heater and a whole-house water filter, both installed in 2021.
The private backyard is an entertainer's paradise. The sparkling pool was beautifully resurfaced in 2021 and features a new salt system with a programmable pump and control panel. The expansive yard is kept lush and green year-round by a sprinkler system powered by one of four private wells on the property.
For the car enthusiast or hobbyist, the newly constructed 18x60 garage, built in 2021, is a true standout. With two 14-foot wide by 12-foot tall doors, it offers an exceptional amount of space for vehicles, storage, or a workshop.
Additional thoughtful upgrades, such as new LED lighting throughout and a new sprinkler system brain (2022), complete this exceptional property. This is more than a home; it's a completely renovated sanctuary in a fantastic Clearwater location, ready for you to move in and start living the Florida lifestyle.
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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