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725 ELDORADO AVENUE
About This Property
The well-appointed kitchen offers generous cabinetry, ample counter space, and a breakfast bar overlooking the living area. An open loft provides flexible space ideal for a home office, game room, or reading retreat. The private primary suite features a large walk-in closet with a custom organization system and an en-suite bath with dual vanities. Additional highlights include approximately 1,560 square feet of living space, a four-car garage, and a convenient dumbwaiter connecting both levels. The home's current layout was customized to meet the seller's needs and includes an additional side garage. The floor plan can be reconfigured to accommodate two or three bedrooms, offering flexibility for a variety of lifestyles. Whether you're searching for a full-time residence or the perfect beach retreat, this property presents an exceptional opportunity to enjoy the relaxed coastal lifestyle while remaining just minutes from the shopping, dining, entertainment, and cultural attractions of Clearwater, Tampa, and St. Petersburg.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017