3483 Ike AVENUE
About This Property
When you enter the main grand entrance you will be greeted by an open flowing floor plan with upscale designer gourmet kitchen with solid wood white cabinets with soft closing doors, exotic granite countertops, high end stainless steel appliances with warranty, built in wall oven, flat top stove, and top of the line copper Z-Line range hood. All 3 bathrooms have been completely redone with Spa like features that will make you feel like you are on a forever vacation. Completely new paint on the interior and exterior of house, new flooring, A/C units were both serviced, and brand new pool pump equipment just installed. The home also comes with a screened in porch area overlooking the pool and backyard as well as a hot tub spa that comes with the house!! This home will impress and perfect for entertaining as every detail has been taken care of in this house!! This property is in the heart of downtown Sebring within walking distance to Lake Jackson and restaurants and shopping so bring your boat and enjoy the peaceful and quiet lifestyle by the lake!! This home boasts over 4200 gross sq ft and will not last long in this market!!
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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