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6511 DOLPHIN COVE DRIVE
About This Property
Inside, vaulted ceilings and abundant natural light enhance the home's open, airy feel. The spacious living room overlooks the canal and flows effortlessly into the dining area and kitchen, creating an inviting setting for everyday living and entertaining. The kitchen is appointed with granite countertops, stainless-steel appliances, dark cabinetry, a breakfast bar and pendant lighting, while an additional sitting area offers flexibility for relaxing, hosting guests or creating a casual gathering space.
The primary suite provides a peaceful retreat with private access to the screened patio, generous closet space and an en-suite bathroom featuring dual vanities and a glass-enclosed shower. Two additional bedrooms and a full guest bathroom provide comfortable accommodations for family, visitors or a home office. An interior laundry room with built-in storage adds everyday convenience.
Designed to make the most of its waterfront setting, the home includes a screened patio and an expansive rear deck with plenty of room for outdoor dining, grilling and soaking up the Florida sunshine. Follow the walkway to your private dock and boat lift, where spontaneous fishing trips, sunset cruises and weekends on Tampa Bay can become part of your daily routine.
Conveniently located near waterfront dining, local parks, the Apollo Beach Nature Preserve, shopping and everyday essentials, this home offers an exceptional opportunity to enjoy the relaxed coastal lifestyle for which Apollo Beach is known. Bring your boat, embrace life on the water and make this Dolphin Cove retreat your own.
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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%.
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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