6434 107TH TERRACE N
About This Property
Inside, you'll find a warm and inviting WOOD-BURNING FIREPLACE with beautiful vaulted ceilings in the living room, perfect for cozy evenings at home. The kitchen has been tastefully updated with stainless steel appliances and beautiful wood cabinets with granite counter tops. The PRIMARY BEDROOM WITH ENSUITE BATHROOM has french doors leading out to your private pool oasis. The home has been thoughtfully updated with PAID-OFF SOLAR PANELS, ALL NEW ATTIC INSULATION, and a NEW HVAC SYSTEM, DUCTS, AND WATER HEATER (2019)-keeping your energy bills low and your comfort high. The ROOF WAS REPLACED IN 2022, giving you peace of mind for years to come. The flexible DEN SPACE can be used as a home office, additional living room, or hobby area, offering plenty of options to fit your lifestyle. To top it all off, the home sits in a PRIME LOCATION-JUST 20 MINUTES TO THE BEACHES AND TAMPA INTERNATIONAL AIRPORT, AND ONLY 15 MINUTES TO VIBRANT DOWNTOWN ST. PETE. With its thoughtful updates, inviting poolside retreat, and unbeatable location, this home is ready for you to move right in and enjoy.
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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