7811 Senrab DRIVE
About This Property
The solar heated pool and covered patio area is all screened in and perfect for outdoor Florida living. PLUS the large fenced in backyard is a fabulous area to climb a tree, grill that yummy steak, play a game of corn hole or just relax after a day at the beach. Additional offerings of this historic home included BRAND NEW tile roof, newer AC units, 2 car garage, bonus room w/ half bathroom, dog run, and tons of opportunity. Palma Sola Park is an amazing neighborhood with no HOA and no rental restrictions - options are endless! A quick drive to shopping, dining, Robinson Preserve and Anna Maria Island - ideal location, rich in history, and ready for you! Schedule your private viewing 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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2024 | Sold | ||
| Sold | |||
| Apr 9, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by DUNCAN REAL ESTATE, INC. | $749,000 | |
| Listed by DUNCAN REAL ESTATE, INC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017