6412 Richard DRIVE
About This Property
This stunning property has been fully prepared for the home of your dreams. Features include a driveway, large wooden dock and boat ramp with access to Weeki Wachee Springs and the Gulf of Mexico. Just a ten minute drive to the local beach, five minutes from Rodgers park, 15 minutes from the Suncoast Parkway. The lot has recently been fully sodded. Power, water, and sewage connection already on site and available.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2023 | No longer available | - | |
| No longer available | |||
| Oct 3, 2023 | Listed by Community Realty Associates of HCARFL | $549,900 | |
| Listed by Community Realty Associates of HCARFL | |||
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Natural Spring riverfront property has a new (NEVER lived-in home) located on the Weeki Wachee River. This 2/2 home has cathedral and vaulted ceilings thru out with Double- Pane Hurricane windows. This well-maintained and designed residence boasts a spacious layout including a double layer dock, boat-ramp and enough driveway access for a truck and boat trailer, large RV and up to 6 cars. New RV hookup and built-in dump station. The home spans over a spacious serene oversized corner lot providing ample room for comfortable living. Move in ready. Property comes Furnished. No HOA fees. This home is a great investment property as well. Wildlife in your backyard manatees, birds and fish. Gulf access. A vast array of shopping, restaurants and entertainment venues within 3 miles. Only 45 minutes from Tampa and Disney. The manager has listed the unit size as 1300 square feet.
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| Aug 26, 2021 | Sold | ||
| Sold | |||
| Jun 7, 2021 | Listed by RE/MAX REALTEC GROUP INC | $229,900 | |
| Listed by RE/MAX REALTEC GROUP INC | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017