3609 Floyd ROAD
About This Property
Community features also include White Sands Beach for swimming, 2 playgrounds, fishing pier, recreation center with 4 lighted Tennis courts, jogging track and dog park. Community fees are $600 Annually and Included as a Non-ad valorem assessment as part of Hillsborough County tax bill.
Upgrades to this home include totally new kitchen and bathrooms, waterproof vinyl flooring throughout home, new closet doors
throughout, and 3 new exterior doors, new tankless water heater, crown molding, baseboards, stainless appliances, decorator paint in interior and exterior, new recessed and pendant lighting, ceiling fans, new sod and irrigation system that pumps off pond. New Pavers on driveway and extended patio. Roof is approximately 3 years old. The list is endless. Seller renovated this home to live in and spared no expense.
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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