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516 S EXETER STREET
About This Property
The updated kitchen includes new cabinets, quartz countertops, tile backsplash, and new appliances, creating a stylish and functional space for everyday living. The spacious master bedroom features an en suite bathroom with new tile finishes, while the additional bathrooms include new vanities and updated touches.
Step outside to enjoy the newly resurfaced pool, new pool pump, and a new wood deck overlooking the pool area - perfect for relaxing, entertaining, or enjoying Florida outdoor living.
One of the standout features of this property is the basement living area, complete with a new tile bathroom. This flexible space offers excellent potential for rental income, a mother-in-law suite, ADU-style use, multi-generational living, or a duplex-style setup.
With its large double lot, updated finishes, pool, and versatile layout, this property is ideal for homeowners, investors, or buyers looking for space and income-producing possibilities in Eustis.
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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