4600 86th AVENUE N
About This Property
Many updates means worry free ownership for many years to come. Updated electric, plumbing and studio walls. 2 new Steible tankless water heaters, mini-split heat pump in studio and 2 new laundry hook-ups.
Freshly painted inside with new interior doors, cordless faux wood blinds, closet shelving, LVP flooring and baseboards throughout the home.
Spacious kitchen has been outfitted with new appliances, granite counters and wood cabinets. Updated bathroom with new cabinets, granite counters, tub, shower, surround and glass enclosure.
Outside you will find a new front porch screen enclosure for enjoying the best of Florida weather. Freshly painted exterior and new gutters.. Updated landscaping with new drainage, leveling, sod and mulch. An
included storage shed provides space for extra storage and lawn equipment.
Centrally located in Pinellas Park, providing easy access to the beautiful beaches and crystal waters on both the Gulf and Bay. and convenient to plenty of shopping, dining and parks.
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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