5490 Lemon Tree LANE N
About This Property
a beautiful Family room addition, plus a 1 Car garage. You will enter to the formal living room, then pass through to the kitchen,
which has been renovated with beautiful cabinets, granite countertops, and breakfast bar. It is open to the dining room area and the
family room addition. This home is beautiful move in condition with loads of natural lighting. The large master bedroom has a private
bathroom with walk in shower, and newer vanity & toilet. The community has so much to offer: Heated pool, shuffleboard court,
Clubhouse with fitness equipment, billiards tables, & fishing pond. It's located mid-county, close to Tampa International Airport, the
Award-winning Gulf Coast beaches, restaurants, shopping, and entertainment. Monthly maintenance fee of $372/month includes:
Cable TV, Community Pool, Internet, Maintenance Grounds, Recreational Facilities, Sewer, Trash, Water.
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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 Pinellas Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017