8401 ASHFORD PLACE
About This Property
From the moment you arrive, you'll appreciate the exceptional curb appeal, highlighted by a large front porch, Riverwalk-style landscaping beds, and mature greenery. Inside, enjoy low-maintenance laminate flooring throughout and fresh interior paint. The living room boasts a tray ceiling and opens to a dining area (currently used as a sitting room), while the updated kitchen features new countertops, a modern backsplash, gold hardware, under-cabinet lighting, stainless steel appliances, and an eat-in space for added convenience.
The private primary suite boasts vaulted ceilings, a wood-burning fireplace, dual walk-in closets, and an updated ensuite bath complete with shiplap accents, stylish tile, dual vanities, a garden tub, and a separate walk-in shower. Two secondary bedrooms and a full bath are thoughtfully placed in a split layout for added privacy.
At the rear of the home, a spacious bonus room with sliding glass doors opens to the backyard retreat-featuring a covered pergola, hot tub, and fully fenced yard overlooking conservation.
Additional features include: new Roof in 2020, A/C and heat pump in 2020, Kitchen appliances approx. 3 years old, whole-house water filtration system. An added bonus is no CDD fees and reasonable HOA fees. Trinity Oaks features a community playground and a RV/boat parking lot. There is plenty of shopping, restaurants and everyday conveniences within a short drive and only 20 minutes to the gulf! This well-maintained home offers the perfect blend of comfort, style, and location.
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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