3502 Shoreline CIRCLE
About This Property
Cobbs Landing has a privately owned boat ramp, park, and playground. You can rent a boat slip based on availability. Lake Tarpon is a 2,500 acre Lake that has many great outdoor activities. You are convenient to the beaches, Tampa, both Tampa and St. Pete/Clearwater airports. Top rated schools, lots of restaurants, and plenty of shopping all close by. Make your appointment today!
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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