4556 Old Guernsey Road
About This Property
Inside, you will find a versatile flex room, a converted garage now used as a fourth bedroom, giving you extra living space without sacrificing function elsewhere in the home. LVP flooring runs throughout and the layout offers a solid, functional foundation ready for your personal touch.
Step outside to a fully fenced backyard, ideal for pets, gardening, barbecues, or simply enjoying Florida evenings in privacy. A storage shed adds even more usable space for tools, toys, or hobbies.
Location is where this home truly shines. You are in the highly regarded Pace school system, with easy access to the University of West Florida, making this an excellent option for anyone who wants to be close to campus. Pensacola is roughly 20 to 25 minutes away, putting Pensacola Beach, the bay, shopping, dining, and water activities in both directions well within reach. Whether you are drawn to boating, fishing, or simply spending weekends near the water, this location puts it all close by. No HOA means more flexibility and fewer restrictions on how you use your property.
This home is priced to sell so don't sit on this opportunity to own half an acre in Pace. Schedule a showing today
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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