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550 BUCKINGHAM CIRCLE
About This Property
The home features a functional floor plan with updated kitchen finishes and system improvements. Outside, enjoy a private in-ground pool with screened enclosure and backyard space for outdoor enjoyment.
Located in the gated Westridge community in Davenport, residents have access to community amenities including a clubhouse, community pool, fitness center, and recreational facilities. The property offers convenient access to shopping, dining, major roadways, and Central Florida attractions.
A great opportunity to own an updated pool home in the desirable Westridge community at its newly reduced price of $339,000.
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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