7405 Hatteras DRIVE
About This Property
Now let's make your way outside... the caged pool is oversized with a very nice large covered area right off the master for those evening cocktails. The large swimming pool has a new pool pump and pool heater and leads to the new 7-person hot tub located right off the lanai with a view of the canal, dock, and boat lift. The boat lift has new cables, cradle, and cross bars (2021).
This home was custom built in the middle of a double lot, so the yard space is large enough for kids and entertaining. Along with being recently fenced in with wood fencing... there is an area with water supply and newly installed electric supply where you could park an RV or any form of trailer. Oh, and the best part...a new little sandy area to relax in a chair and wiggle your toes in the sand while enjoying the view.
The garage is a true 2 vehicle garage with room for vehicles plus tools and storage.
The home features a 40-YEAR-TILE ROOF (2005). WATER HEATER, LANAI ROOF, EXTERIOR PAINT (2020). HURRICANE SHUTTERS, SEPTIC TANK (2018). New sub panel added to the dock area to run RV, boat lift & jacuzzi (2021). Seawall was updated in 2021 with 8-10 tie backs, patching and a new seawall cap. Flood insurance is transferable.
Hudson is a coastal town North of Tampa along the Gulf Coast of Florida with recreational fishing, boating, golf, marinas, waterfront tiki bars/restaurants right on the Gulf of Mexico and a small public beach. Located just 45 to a 1 hour from Tampa International Airport and 2 hours to Disney. Call today to see this gem and start living the waterfront dream 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017