5922 Sweet Birch DRIVE
About This Property
Enjoy the Freedom of all LAWN CARE and landscaping maintenance included in the HOA fees, with continued low CDD fees of only $459.03 ANNUALLY.
But that's not all: As a resident of ONE Magnolia Park subdivision, you will have access to the Amenities of ALL Magnolia subdivisions, including all parks, pools, the splash pad, basketball courts and playgrounds!
Ideally located close to I-75 AND the Selmon Express Way, shopping, dining, entertainment, I-4, MacDill AFB, and so much more, yet you'll live in a peacefully quiet neighborhood!
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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 Progress Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017