6733 122ND STREET
About This Property
Step into this 2 Bedroom / 2 Bath / 2-Car Garage featuring SPLIT PLAN BEDROOMS, INSIDE LAUNDRY ROOM with plenty of cabinets and utility sink, SPACIOUS KITCHEN (with eating area) that overlooks the family room and outside view of the FRESH WATER CANAL and majestic oak tree. An 11x15 Florida room extends the living space (adding 165 heated sq.ft) and water view. You will appreciate the upgrades; NEW VINYL FENCE, NEW REFRIGERATOR, NEW DISHWASHER and FRESHLY PAINTED INTERIOR, Newer flooring and windows in both bedrooms and the second bath. Whether you're dreaming of updating this home with your own touch or preserving its timeless retro character, this home is ready to welcome you to its next chapter.
The backyard features a 13x21 patio, paver sidewalk, beautiful shade Oak tree and fresh water canal. Reclaimed Water Irrigation system, Roof 2016 , HVAC 2017. With clear acrylic STORM COVERINGS for all windows and doors-plus an X FLOOD ZONE LOCATION-you can feel secure season after season.
Just a short walk to the pedestrian entrance to BOCA CIEGA MILLENNIUM PARK, (a 186 acre nature park with a 35 ft. observation tower, boardwalks, nature trails, picnic shelters, playground, dog park and accessible to the Pinellas Trail) Just a 10 MINUTE DRIVE TO OUR BEAUTIFUL SANDY BEACHES WITH STUNNING SUNSETS, close to SEMINOLE SCHOOLS including Richard O. Jacobson and St. Pete College, restaurants and the popular Seminole City Center. Measurements of rooms are approximate.
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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