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853 LANTERN WAY
About This Property
The spacious living room and formal dining area provide ideal spaces for relaxing or entertaining. The kitchen offers ample cabinetry, generous workspace, and a cozy breakfast nook for casual dining.
Enjoy seamless indoor-outdoor living with a screened lanai accessible from the living room, breakfast nook, and primary suite-perfect for morning coffee or evening relaxation. The primary suite serves as a private retreat with an ensuite bath and direct lanai access. Located toward the front of the home, the guest bedroom, guest bath, and versatile den offers flexibility for visitors, a home office, or hobbies. A convenient laundry room off the garage adds everyday practicality.
Residents enjoy an exceptional location just minutes from Clearwater Beach, as well as the charming downtown districts of Dunedin and Safety Harbor, known for their waterfront parks, dining, shopping, and community events.
With easy access to golf courses, parks, major roadways, and everyday conveniences, this home offers the perfect blend of tranquility and accessibility. Experience the lifestyle that makes Coachman Reserve one of Clearwater's most desirable communities. A/C 2008, Water Heater 18 years old, Roof handled by HOA, Radon Mitigation certificate attached to DOCS
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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%.
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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