35 COVINGTON Lane
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 12, 2022 | Sold | ||
| Sold | |||
| Sep 1, 2022 | Listed by BETTER HOMES & GARDENS RE SYNERGY | $565,000 | |
| Listed by BETTER HOMES & GARDENS RE SYNERGY | |||
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It really is possible to own your waterfront dream home without breaking your budget! Hurry to this beautiful property with 70' frontage on the saltwater canal. Bring your boat & use the 7500 lb lift to safely store it. The home also has a brand NEW roof! The saltwater pool & hot tub are perfect for those lazy Florida days & nights! The pool is equipped with an automatic overflow valve. There is a whole home generator with an owned propane tank to keep things running if the power goes out. The water is filtered through a Culligan saltwater system. There is also a sprinkler system on a well to help keep your lawn green. Inside you will find a split floor plan with a gorgeous master suite. The main living area has Italian porcelain tile floors. There is a triple slider opening to the pool area. The kitchen has plenty of counter space with an eat-in area overlooking the pool & canal. The living area is open to the kitchen & is perfect for entertaining. The home is a short 5 mile drive to the beach! Or you can take your boat through the salt water canal system to the Intracoastal & travel to the Ocean if you would like to! This is Florida living at it's finest. Hurry to your waterfront dream home today.
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| Jun 29, 2022 | Listed by KELLER WILLIAMS GAINESVILLE REALTY PARTNERS | $567,779 | |
| Listed by KELLER WILLIAMS GAINESVILLE REALTY PARTNERS | |||
| Jul 1, 2016 | Sold | ||
| Sold | |||
| Jan 24, 2003 | Sold | ||
| Sold | |||
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About Palm Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017