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7141 BOWSPIRIT PLACE
About This Property
Inside, the home showcases engineered hardwood flooring throughout with absolutely no carpet, soaring ceilings, and an abundance of natural light that enhances the bright and airy feel of the space. The thoughtfully designed floor plan features a separate dining room ideal for entertaining, beautiful built-in finishes throughout, updated lighting and fixtures, and an impressive large sliding glass door that seamlessly connects indoor and outdoor living.
The screened-in lanai and private courtyard create an exceptional outdoor retreat, offering the perfect setting for relaxing, entertaining, or enjoying peaceful Florida evenings. Adding to the character and architectural appeal of the home are the elegant spindle staircase and rich wooden handrails that provide warmth and sophistication throughout the interior.
Upstairs, all three bedrooms are generously sized, while the home itself offers exceptional storage and functionality rarely found in similar properties. The detached two-car garage adds privacy and enhances the charming courtyard design.
Located in one of Waterset's most mature and peaceful sections, this immaculate home offers incredible proximity to top community amenities including the dog park, splash pad, resort-style slide pool, highly desired schools, and convenient access to I-75 for an easy commute.
Living in Waterset means enjoying one of the most desirable lifestyles in the South Shore area with resort-style pools, waterslides, splash pads, fitness centers, playgrounds, sports courts, miles of walking and biking trails, beautiful green spaces, and year-round community events. Apollo Beach is perfectly centrally located with convenient access to Tampa, St. Petersburg, Sarasota, and some of Florida's most world-famous beaches. MacDill Air Force Base and Tampa International Airport are both approximately 35 minutes away, making this location ideal for commuters, travelers, and those looking to enjoy the very best of Florida living while still maintaining a peaceful community atmosphere.
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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 Apollo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017