484 ITASCA AVENUE
About This Property
flooded and sold with no warranties. Needs to be a cash transaction. Located on beautiful Davis Islands. Not
far from the walking and bike path and just a short distance away from Davis Islands Village with many
restaurants, shops, and bars. Bring your golf cart and enjoy the Island lifestyle with walking / biking paths,
baseball fields, public tennis courts, public historic pool, two dog parks, a beach, public marina, and an airport.
Additionally, located only minutes from Downtown Tampa, Water Street, Sparkman Wharf, and the Tampa
Riverwalk, makes this neighborhood the most desired in South Tampa
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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.
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About Davis Islands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017