3633 Windham DRIVE
About This Property
Where do I even begin? Ok, let's start with the main part of the house, there are 2 bedrooms and 2 bathrooms, Living room, Dining room, Large Kitchen all with ceramic tile and NEW PELLA HURRICANE RATED WINDOWS, 2019. The AC system was changed out in 2018, The roof was replaced in 2014, the Electric Panel was replaced in 2019, Garage Door replaced in 2018. This home has so many more new features ask your realtor to print out the Highlites Page attached. I did forget to mention that it is NOT IN A FLOOD ZONE , so no Flood Insurance needed!!!!!!!
As if that isn't enough , here comes the best part. There is a 25 x 11 Bonus Room, and there is plumbing available. This could be used as Guest Room, Office, or Air B&B. The room has access to the pool and its own private entrance. There is plenty of room for parking 4 cars. There is a one car garage with a workshop that is the perfect MAN CAVE. You just have to come see this house and you will fall in LOVE with it. Don't let me forget that there are very good schools nearby as well as shopping, beaches and close to everything and only 45 minutes to Tampa International Airport, 20 minutes to Clearwater -St Petersburg Airport.
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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%.
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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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About Beacon Square
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017