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6436 RUBIA CIRCLE
About This Property
Andalucia isn't your average neighborhood. Residents here enjoy 24/7 manned gate security, a private marina and yacht club, bayfront clubhouse with pool and sweeping views of Tampa Bay, lighted tennis courts, a fishing jetty, basketball court, playground-the list goes on. Hop on your boat for a quick trip to Beer Can Island or just unwind with sunset views over the bay. This is a true waterfront lifestyle.
The location also puts you minutes from Apollo Beach's best waterfront dining, golf, nature preserves, and easy access to I-75. Whether you're commuting to Tampa, St. Pete, or Sarasota, you're well-positioned for it all.
If you've been waiting for the right lot to build something special, this is it. Very few buildable lots are left in Andalucia-and certainly not with this mix of space, privacy, and amenities. Don't let it slip away.
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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