432 TUPELO CIRCLE
About This Property
Step inside to high ceilings and an open, sunlit layout. The living room flows to the outdoor area, where sliding doors open to a heated pool and spa with outdoor shower, surrounded by mature landscaping for a private, resort-style setting. The fully equipped kitchen offers ample cabinetry and a breakfast bar, ideal for casual dining. A bonus room provides a quiet space for a home office or study, while the garage-turned-game-room adds extra fun for everyone.
The main-floor primary suite is a private haven with direct pool access, a walk-in closet, and a luxurious ensuite bath featuring dual sinks and a garden tub. A second upstairs primary suite with its own ensuite bath offers added flexibility for guests or extended family.
As an added benefit, the seller will be replacing the roof prior to closing, and the new roof warranty will transfer to the buyer at closing for peace of mind. Outside A/C units have been updated (one just a year old and the other 3 years old) and a pool heater also replaced in 2020.
Located just minutes from major highways, theme parks, and shopping centers, this home truly invites you to embrace the Florida lifestyle every day.
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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.
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