8 N Cirus AVENUE
About This Property
Inside, the original hardwood floors and their impeccable condition a testament to the home's loving care. The classic Old Florida-style front porch welcomes you, leading you into a family room where a large front window frames picturesque views, allowing natural light to cascade in and highlight the space's timeless beauty. Every window is has been replaced with double-pane, impact glass. Recently installed AC (2019), creating a cool retreat on warm days, while the roof overhead, replaced in 2020, adds an extra layer of security and comfort. The meticulous attention to detail is evident throughout this splendid home, which has been lovingly painted both inside and out in recent years. Discover a bonus room that beckons with potential; whether you envision a cozy den, an office, or a serene space for yoga and meditation, this room is ready to fulfill your dreams. Located just a short distance from parks, exceptional shopping, and some of the finest restaurants in the area, this home is a treasure. And, with the famous Clearwater Beach just a 10-minute drive away, adventure and relaxation are always at your fingertips. This remarkable home is waiting to be discovered by you-come and see for yourself...schedule your showing 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.
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About Clearwater
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017