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4159 MALLARD DRIVE
About This Property
The split-bedroom floor plan provides excellent separation and privacy, while numerous updates throughout make this home truly move-in ready. The kitchen features brand-new stainless steel LG appliances, and the spacious primary suite has been upgraded with a completely remodeled bathroom, a large walk-in closet, and impact sliding doors leading directly to the covered lanai and screened-in pool area.
Peace of mind comes standard with hurricane-rated protection throughout. The windows and doors are impact-rated, and the garage door is hurricane-rated as well - features that can provide added protection while potentially helping with insurance costs.
Step outside and enjoy your own private Florida oasis with the screened-in pool and covered lanai, perfect for relaxing, entertaining, or enjoying the beautiful Florida lifestyle year-round. The backyard has been made practically maintenance free with turf recently installed. More time to enjoy the pool!
And the location is hard to beat! North Bay Hills is conveniently close to excellent schools, shopping, restaurants, and everyday amenities. Best of all, you're only about a 10-minute golf cart ride to downtown Safety Harbor, where you'll find a wonderful mix of restaurants, bars, boutiques, and local events - including the famous Third Friday celebrations.
For commuters and beach lovers, you're approximately 30 minutes from Tampa International Airport, Clearwater Beach, Honeymoon Island State Park, and downtown St. Petersburg.
Updated, hurricane-protected, private, and perfectly located - this North Bay Hills home is ready to welcome its new owner. Come see what Florida living is all about!
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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