607 BUTCH CASSIDY TRAIL
About This Property
Located just across the street from Little Manatee River State Park, you'll have easy access to over 15 miles of scenic riding trails. All of this within 45 minutes of Tampa, St. Petersburg, and Sarasota, offering the perfect blend of rural serenity and urban convenience. This is a rare opportunity to own a turn-key horse property in a prime location-come experience it for yourself!
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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