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8415 OLIVE BROOK DRIVE
About This Property
Inside, you'll find a home that has been extensively updated with comfort and convenience in mind. The second floor features brand-new flooring, while the staircase has been professionally refinished for a fresh, elegant look. The kitchen is equipped with brand-new smart appliances, including a smart refrigerator and smart double oven (range excluded), making everyday living both stylish and functional. The laundry room also features new smart washer and dryer units.
The upgrades continue throughout the home with new lighting and ceiling fans, a beautifully updated bathroom vanity, and a custom built-in closet that adds both luxury and organization.
Step outside to your backyard oasis, where you'll enjoy a new heated pool and spa, a new gazebo, and new ceramic tile on the lanai-perfect for entertaining or relaxing year-round. Fresh sod, new turf along the side yard, and newly planted palm trees create a lush tropical setting, while the sprinkler system has been completely replaced and rerouted to accommodate the new pool.
This move-in-ready home offers the perfect blend of modern upgrades, functional improvements, and outdoor luxury. With countless recent enhancements already completed, all that's left to do is move in and start enjoying the Florida lifestyle.
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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 Wesley Chapel
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$2,395 /mo
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$2,600 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017