809 7th STREET NW
About This Property
Sports fan? You'll be thrilled to hear that it's close to CHAMPION sports arenas such as the Tampa Bay Buccaneers, Tampa Bay Rays, Tampa Bay Lightning and the Tampa Bay Rowdies as well as the Dunedin Blue Jays and Clearwater Phillies. Want even more adventure? Busch Gardens, Adventure Island, Grand Prix and Lowry Park are over the bridge and calling your name!
In addition to the fantastic location, this home features updated EVERYTHING! The roof is NEW. The kitchen is completely updated with flooring, paint, cabinetry, a gorgeous wood glazed countertops, a new oven and microwave. The rest of the home has new floors, new paint, new landscaping, NEW **hurricane rated** windows, NEW Shed, UPDATED electrical, NEW fence, NEWER HVAC, EXTRA shelving in the master closet, NEW tiles and shelving in the bathrooms! Imagine waking up to a lake view, feeling secure in all of your upgrades..... this property is a dream come true!
BONUS: Partial ownership of the lake in the front. SAVE MONEY as this property is not in a flood zone and there are NO HOA fees! Grill conveys as well so you can enjoy the beautiful Florida weather outside!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017