703 13TH AVENUE NW
About This Property
This gorgeous move in ready home offers two bedrooms, 1 bathroom, tiles floors throughout and the high ceilings will give you a lot of extra space. This house is located on a corner lot and has a large front yard and a private fenced-in backyard. The roof was replaced in 2021, the AC is only a few years old and a new electric panel has been installed.
This house boasts a great location, only 1.2 miles away from Downtown Largo with its newly built Horizon building that will include new retail shops and with its upcoming and existing established restaurants, cafes, etc. And it is only 3.8 miles away from the renowned white beaches of Belleair Beach, while Belleair Bluffs with its own groceries, restaurants, cafes, is only 2.2 miles away. So there is plenty of life around, while the house itself is located in a quiet and well established neighborhood. You could easily reach any of these locations via bike or electric bike. It is hard to find a move in ready home as this one at this price and in such a great location! Come and see it yourself!
Also the owner added a new pavers patio in the backyard!
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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