5132 PINNACLE DRIVE
About This Property
Enjoy the evenings lounging on this beautiful lanai! The home was recently painted (03/2024). Roof 2016. A/C & duct work 2021. Hurricane windows, sliders & entry doors 2019. Hot water heater 2016. Eastlake Woodlands is a gated community with plenty of sidewalks and trees. With membership, The Ardea Country Club includes two renowned golf courses, resort like pools, tennis, pickleball, a clubhouse/restaurant and fitness center. Eastlake Woodlands is centrally located to all Tampa Bay has to offer. Enjoy dining, shopping and highly rated schools. A short drive will take you to all area beaches, sports, activities and the Tampa International Airport. This home is a must see and a pleasure to show!
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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