5511 FOXFIRE RUN
About This Property
The primary bedroom, with tray ceiling, is large enough for a king bedroom set plus a reading area. It also has its own private entry to the lanai. The primary bathroom, with dual sinks, has both a relaxing soaking tub and Roman shower. A large walk-in closet with generous shelving makes it perfect for any couple to share.
Three other generously sized bedrooms make it perfect for children, guests, or office space.
An open dining room/additional sitting area rounds out the enormous possibility for entertaining, or creating a quite space for reading or listening to music.
The tray ceilings, crown molding, 8-foot doors and 5-inch molding throughout the entire house add amazing grandeur to this home. Additional enhancements include a full laundry room, with cabinetry, three-car garage, the installation of gutters around the entire house, and paver driveway and lanai. The Bridgewater community is renowned for its grand curb appeal with only 275 homes there is rarely any traffic in this quiet neighborhood with NO Townhouses or Condos. Residents enjoy access to a park, playground, and a gazebo area overlooking a large lake. Just outside the neighborhood, you'll find three huge lakes for fishing, a public playground, and scenic walking trails. Lakewood Ranch is known for its A+ rated schools. Just minutes from Tampa and Sarasota Airports, UTC Mall, award winning restaurants, and the most heralded beaches in the world.
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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%.
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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