524 Summer Sails DRIVE
About This Property
CHARMING 3BEDRM/2BATH/2CAR garage in the highly sought SOMERSET Community!!! This beautiful home welcomes you with an open airy floor plan, all laminate flooring and high vaulted ceilings. The kitchen open to the living area has a cafe/breakfast counter that provides for extra serving and seating. The split floor plan allows for privacy to the master bedroom with it's en suite master bath. Two more spacious bedrooms with a shared full bath completes this cozy home. The fenced in private backyard has plenty of space for play, entertaining or relaxing. Somerset is ideally located close to shopping, restaurants and entertainment right along Hwy 60 and easy access to I-75N just minutes to downtown Tampa and towards South to the pristine Gulf of Mexico beaches. Pls. note that a sink hole claim was made by the previous Seller. No sink hole issues with current Seller. THIS IS A MUST SEE n WILL GO FAST!!!
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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%.
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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