5107 PINE STREET
About This Property
Welcome to 5107 Pine St, a cozy and well-kept 2 bedroom, 1 bath home with a 1-car garage plus additional carport, offering covered parking and extra storage space. Ideally located just off MLK Blvd with quick access to I-75, Tampa, and Brandon - perfect for commuters!
This home offers peace of mind with a new roof (2023) that can help reduce insurance costs, and a recently updated A/C system that's annually serviced and includes an air purification component for added comfort and efficiency.
The upgraded kitchen features modern cabinets, and the home comes fully equipped with all appliances, including washer and dryer - making it truly move-in ready.
Step out back to relax in your screened-in lanai, overlooking a good-sized backyard that's fully enclosed with vinyl fencing-ideal for pets, family, or future entertaining.
Priced to sell at just $275,000, this affordable gem is perfect for first-time buyers, downsizers, or investors looking for a turn-key rental opportunity in a great location.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017