4016 KIMPTON PLACE
About This Property
very quiet cul-de-sac. Outdoor living area with a pool is wonderful for entertaining or just lounging out with outdoor shower. Inside has an
open floor plan with living/dining room combo and large gorgeous kitchen. The kitchen has matching LG stainless
appliances, granite counters, breakfast bar, built-in desk, real wood cabinets with crown molding and more. From the
kitchen, there are French doors that lead to the pool and fenced in back yard. The king-sized master bedroom has his
and her double closets with an upgraded in-suite bathroom. The other two guest bedrooms are large with walk-in
closets in each room. Upgrades include crown molding, new flooring, tile back-splash in both bathrooms, Pool Heater
2021. Updated exterior paint and landscaping truly shows off this gem! AC is 2021 and has recently been serviced to make sure you stay nice and cool! Furniture is negotiable! This property has the potential to make over 75k a year!
This home is located next to Clearwater airport which makes traveling a breeze as well as receiving guests! Centrally located it allows quick access to Tampa as well as the treasure coast beaches (located only 10 minutes away!). Come experience this home in the rarely available subdivision of Kimpton Farms!
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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