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390 HENDERSON AVENUE
About This Property
The main home features 2 spacious primary bedrooms, each with its own full bath, 9-ft ceilings, abundant natural light, Large double-pane windows with great views, dual-zone A/C, KraftMaid cabinetry, white quartz countertops, large pantry, walkable attic storage, wraparound covered porch, and an oversized custom carport.
The separate 1-bedroom, 1.5-bath ADU has a full kitchen, open single-level layout, generous wheelchair space, grab bars, an oversized accessible shower, and new vinyl flooring. It also offers covered parking and an RV hookup with direct septic connection.
Both residences are fully permitted with separate septic systems, a shared private well, generator connections, shingle roofs, and double-pane windows. Outdoor features include newer fencing, irrigation, landscaping, circular driveway, firepit area, artificial-turf recreation area, storage shed, separate animal/chicken yard, and a renovated RV included with the sale. Large front yard with swing and great relaxing views.
Enjoy a country-style feel with convenient access to I-4 and I-75. The flexible layout may also appeal to buyers interested in multigenerational living, accessible residential care, daycare, special-needs care, or similar uses, subject to Hillsborough County and applicable licensing approval.
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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.
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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