6027 Catlin DRIVE
About This Property
Less than 1 mile from I-75, Bruce B Downs Blvd, Shopping, Parks & Restaurants. Just minutes to Beaches, The University of South Florida, A-Rated Schools, Moffitt Cancer Center, Bush Gardens, Lowry Park Zoo, Tampa Premium Outlets, Seminole Hard Rock, Ybor City, The Florida Aquarium & the Tampa International Airport. Club Tampa Palms is optional to join & doesn't require a mandatory membership or fee. Home is being sold in as/is condition. Room sizes and other measurements are estimated & to be verified by the buyer &/or buyer's agent.
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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 New Tampa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017