7491 Apache TRAIL
About This Property
The exterior of the property boasts a fenced rear yard perfect for privacy and relaxation. Enjoy outdoor living at its best with a large yard and a screened-enclosed patio, ideal for entertaining or unwinding after a long day. The attached two-car garage offers ample storage and convenience.
Located in the vibrant Spring Hill area, you'll have easy access to local attractions and amenities. Just a short drive away, you can explore the enchanting Weeki Wachee Springs State Park, renowned for its mesmerizing mermaid shows and crystal-clear natural springs. Additionally, the nearby Pine Island Beach provides a picturesque spot for sunbathing and water activities. Spring Hill offers a range of shopping, dining, and recreational options, making this home not just a place to live, but a gateway to a dynamic and enjoyable lifestyle.
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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 Spring Hill
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$2,100 /mo
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$2,000 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017