4012 KINGSFIELD DRIVE
About This Property
A two-car garage with epoxy flooring adds practicality. Outside, a breathtaking backyard awaits-set on a tranquil lake abundant with wildlife and framed by mature trees. The solar-heated, screened-in pool, covered patio, and integrated dog run make it the perfect outdoor sanctuary.
This home is thoughtfully accessible, with a pool lift and a ramp from the primary suite leading to the pool area. The primary bath offers a handicap-accessible shower, and widened doorways ensure ease of movement throughout the house.
Ideally located, you're minutes from SRQ Airport and can quickly access I-75 or 301 for trips to Tampa, St. Pete, and beyond. You're also close to Lakewood Ranch, with top-rated schools, shopping, dining, and family entertainment. This tranquil gem offers the best of everything-act fast, because opportunities like this are rare!
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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