7717 NW 35th PLACE
About This Property
No HOA in Summit Oaks!
Step inside to discover an open-concept living space adorned with stylish finishes and abundant natural light. The newly updated kitchen features sleek countertops, stainless steel appliances, and ample storage, perfect for culinary enthusiasts and casual dining alike. Adjacent, the dining area seamlessly flows into the cozy living room, creating an ideal space for gatherings and entertainment.
Venture outdoors to the screened-in private pool area, where lush foliage provides a tranquil backdrop for leisurely afternoons and alfresco dining. Whether hosting weekend barbecues or enjoying a refreshing swim under the Florida sun, this secluded oasis offers endless opportunities for outdoor enjoyment and relaxation.
Conveniently located in the sought-after Summit Oaks community, this home provides easy access to nearby parks, top-rated schools, shopping, and dining destinations. With its meticulous renovations and prime location, this property represents an unparalleled opportunity to embrace the quintessential Florida lifestyle in the heart of Gainesville.
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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