730 STREMMA ROAD
About This Property
Conveniently located just minutes from beautiful Gulf beaches, local restaurants, shopping, and the recreational amenities of Largo Central Park, the location offers both convenience and lifestyle appeal. No HOA provides added flexibility and freedom.
The existing home is in significant disrepair and will require substantial improvements. Property is being sold AS IS, and buyers are encouraged to perform their own inspections and due diligence regarding condition, renovation feasibility, or future use.
With strong upside potential and an exceptional location, this is an opportunity to bring your vision to life in the heart of Largo. Come see it today!
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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