3423 Trask DRIVE
About This Property
The city of Holiday is located near downtown New Port Richey, which is always hosting local events and outdoor concerts throughout the year. There are multiple parks including Sims and Francis Park. There is access to the Withlacoochee River for kayaking. New Port Richey is rich in culture with theatres. and close by is Honeymoon Island/Caladesi Island, and the #1 beach in the country, Clearwater Beach!! The home is a short drive to TIA. The Tampa Bay area has many activities to attend, including the Tampa Bay Buccaneers, Tampa Bay Lightning, Tampa Bay Rays, Gasparilla Festival, MidFlorida Credit Union Amphitheatre, Hard Rock Hotel and Casino and many more!!
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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