6007 Howard Road
About This Property
Pull up to this beautifully refinished home and walk in through the front door, step inside to find a refreshing, well cared for home with light, classic colors from the brand new luxury vinyl plank throughout, to the fresh paint, and so much more. Every detail has been considered to make this home ready for new owners. To the left, you will find the living room. A fireplace enhances the room's elegance, along with plenty of natural light from the private side and back yard. Off the living area is a dining space large enough for a growing family and dinner guests. From here, you can step into the breakfast nook and kitchen with all-new appliances. The laundry room is just off the kitchen. Step back into the living room, which also leads to the back door, where you will step into a very large sunroom, perfect for cozy coffee in the morning or for hiding from the sun as you watch over the very large backyard, fully fenced in, that offers lots of privacy and plenty of space for your future pool and workshop plans. Back inside and down the hall, you will find a bathroom, two sizable bedrooms, and a well-lit, very large primary bedroom with a walk-in closet and a full primary bathroom, all completely remodeled. The oversized garage is to the left of the front door and has plenty of shelving for all your storage and project needs, as well as a very convenient side door to access the fenced-in side yard with a gate.
Close to Tyndall Air Force Base and just 20 miles from Panama City Beach and Mexico Beach, this location offers a small-town feel with day-trip amenities nearby. The home is in a well-maintained neighborhood with no HOA or flood insurance required. Enjoy easy access to parks, shopping, dining, and daily needs--ideal for families, professionals, or anyone seeking a relaxed Florida lifestyle.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017