3403 Seffner DRIVE
About This Property
This home also features a spacious, oversized one-car garage, where you'll find a convenient half bathroom and laundry area. Recent upgrades include a newer AC unit 2018, a ROOF 2021, and extra insulation in the attic 2018, all contributing to reduced electricity bills. This home's neighborhood is just off of US 19, near the historic Tarpon Springs Sponge Docks, Anclote State Park, fishing pier, Sunset Beach and so much more. Don't let this opportunity slip away.
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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