4203 98th AVENUE E
About This Property
Located 3.5 miles from the Ellenton Outlet Mall. Easy Access to I-75, I-275. St. Pete, North River Ranch, Lakewood Ranch using the Fort Hammer Bridge. Super close to boat ramp access, golf, kayaking, fishing, airports and you're just 14 miles from the beaches. Make it yours today, Welcome home!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017