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416 CYPRESS VIEW DRIVE
About This Property
Inside, wood-look plank tile flows throughout the entire home, and the split-bedroom floor plan provides privacy for the spacious primary suite. The beautifully remodeled gourmet kitchen was made for cooking and entertaining, featuring quartz countertops, an induction range, generous workspace and an upgraded appliance package valued at approximately $10,000.
Pride of ownership shows throughout. Within the last six years, the roof, both A/C systems, water heater and kitchen have all been replaced or updated. Outside, you'll find fresh sod, updated irrigation, a fenced dog run and a patio already set up and ready for your future spa.
The location is hard to beat! Preserve at Cypress Lakes offers a **low HOA, NO CDD, NO FLOOD INS REQUIRED**, with Forest Lakes Elementary, the YMCA, Cypress Forest Recreation Center & Spray Park, nature trails, parks, sports complexes, restaurants and shopping all nearby. Head straight down Tampa Road to Downtown Dunedin, Honeymoon Island and some of the area's best beaches, or enjoy easy access to Tampa International Airport. The neighborhood even brings a little extra charm with community holiday traditions, including horse-drawn wagon rides to see the decorated homes.
Peaceful pond and conservation views, a beautifully updated home, a welcoming community and an incredibly convenient Oldsmar location-this is the kind of home that makes everyday life feel a little more like a getaway.
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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%.
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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