58 FORDHAM Lane
About This Property
NO HOA, NO CDD FEES
PERFECT FOR FIRST TIME BUYERS, SECOND HOME CLOSE TO THE BEACH OR SAVY INVESTORS FOR GREAT RENTAL RESIDUAL INCOME.
Steps to Palm Harbor ... with walking distance to Old Kings Road and Island Walk. A wealth of new shopping, medical offices, Planet Fitness, Staples where numerous restaurants are located. High ceilings, Skylights airy and light unique split floorplan 3 bedroom, 2 bath home featuring spaces Kitchen with a bar and kitchen nook, a huge fully fenced yard to bring your boat and your toys and room for a pool. and outdoor kitchen paradise The right buyer will see plenty of potential to upgrade and build on the backyard live the Florida Outside Doors Dream! l Close to activity and services too hard to pass up. New roof 2017.
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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