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5653 LIMA DRIVE
About This Property
The split-bedroom floor plan offers privacy for family and guests, while the spacious primary suite is the perfect place to unwind. The open kitchen features a breakfast bar, plenty of cabinet space, and a large pantry, making everyday living and entertaining a breeze.
One of the best features of this home is the oversized screened lanai-perfect for enjoying your morning coffee, hosting friends, or relaxing on those cool Florida evenings. The large backyard offers room for pets, gardening, or play, and the large storage shed provides plenty of extra space for tools, lawn equipment, or hobbies. No flood zone and no HOA!
Located just minutes from shopping, restaurants, medical facilities, parks, and the beautiful Gulf beaches, this home truly offers comfort, convenience, and easy Florida living. Whether you're looking for your first home, a seasonal retreat, or a place to downsize, this one is ready for you to move right in. Schedule your private showing today!
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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