641 BAY LAKE TRAIL
About This Property
Living in this golf-cart-friendly community means you're just steps away from a variety of recreational amenities, including a public boat ramp, kayak launches, fishing piers, parks, playgrounds, and scenic trails. You'll be in close proximity to multiple parks and just half a mile from Oldsmar Trail, which spans over 10 miles and connects to 10 major parks in the area-perfect for biking, jogging, or walking.
This home is conveniently located near a variety of shopping and restaurant options. Just four miles down the road is Shaker & Peel, recently ranked among the Top 100 Places to Eat in the United States by Yelp in 2024. Within 13 miles of two International airports offering quick access to air travel for work or leisure, adding another layer of convenience to its already incredible location. Key Features & Updates: Interior of home professionally painted in 2023, Pool was updated with new marcite and pool pump four years ago. This home offers the perfect combination of luxury, convenience, and lifestyle. Don't miss the opportunity to make it yours! One or more photo(s) has been virtually staged.
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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 Oldsmar
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$2,500 /mo
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- 1,816 ft²
$2,500 /mo
- 3 Beds
- 2 Baths
- 1,271 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017