4471 SW 101ST DRIVE
About This Property
The studio suite was thoughtfully upgraded with shaker cabinetry, quartz countertops, tile backsplash, pantry storage, full-size appliances, two high-efficiency picture windows, separate mini-split HVAC systems, and a beautifully enhanced bathroom featuring a heated bidet toilet, updated fixtures, and accessibility handrails.
Throughout the home, carpet and tile have been replaced with engineered hardwood flooring, creating a warm and cohesive feel. The entire interior has been freshly painted, including walls, ceilings, trim, and doors. The hall bathroom has been completely renovated with a tile shower, tile flooring, new fixtures, lighting, and a pedestal sink.
The main kitchen has been refreshed with painted cabinetry, new refrigerator, premium high-heat wall oven, microwave, under-cabinet lighting, quartz sink, and updated hardware. Additional improvements include a tankless water heater, LED lighting throughout, new ceiling fans, new electrical outlets, updated door hardware, new chandeliers, and a modernized fireplace feature wall.
Outdoor enhancements include a raised and re-screened patio, new screen door with doggy door, added backyard sidewalk and step that can accommodate a small ramp for improved patio access, Hardie board siding on the studio addition, gutter guards, and other exterior improvements designed for both function and curb appeal.
Located in the heart of Haile Plantation, residents enjoy tree-lined streets, miles of walking trails, nearby shopping and dining, and convenient access to the University of Florida, UF Health, Celebration Pointe, and Butler Plaza. This move-in ready home offers an exceptional combination of flexibility, quality updates, and one of Gainesville's premier locations.
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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