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6647 SEAWAY DRIVE
About This Property
Step through sliding glass doors into a private, FULLY FENCED backyard paradise with zero grass to mow, custom rock landscaping, and a fire pit. The heated SALTWATER pool and spa highlight TRAVERTINE coping, a waterfall, LED lighting, and a BRAND-NEW salt cell. Outdoor entertaining is effortless with two separate wired gazebos-a dedicated grilling station and a secondary media/lounge gazebo, both equipped with power, lights, and TV mounts. Additional upgrades include full storm-rated/impact-resistant windows and doors, window tinting for energy efficiency, a Smart Home package, and a 50-gallon water heater. Minutes from the Suncoast Parkway, dining, shopping, and Florida's Nature Coast!
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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 South Brooksville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017