7638 W FERN LOOP
About This Property
Inside, hardwood and tile floors flow throughout the home, creating a clean and cohesive feel. The open-concept living area and kitchen provide generous space for hosting, relaxing, and everyday comfort, while the solid stone countertops add a stylish, modern touch and lasting durability.
This home has been meticulously cared for with extensive recent upgrades, including a new roof and HVAC system installed in 2022, new windows added in 2024, a brand-new well completed in 2025, and a new septic drain field installed in 2024. The septic tank was also pumped in 2025 for added peace of mind. The home features a new thermostat and has been freshly painted on the exterior, giving it crisp curb appeal that complements its many interior enhancements.
The screened-in porch, complete with comfortable carpeting, extends your living area and offers the perfect place to relax and enjoy the peaceful surroundings. The large fenced yard adds privacy and provides an ideal space for pets, gardening, or outdoor hobbies.
Whether you're seeking a truly move-in-ready residence or an excellent investment opportunity for the avid sportsman, this property is ready to impress. With its thoughtful upgrades, modern style, and unbeatable location near world-class fishing, boating, and the natural beauty of the Nature Coast, this home is a rare find.
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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