8730 Briar Patch DRIVE
About This Property
Inside, you'll find bamboo floors, plantation shutters, recessed lighting and modern floating shelves & cabinets for storage.
The updated kitchen features granite countertops, a new backsplash, a pantry and an extended breakfast bar overlooking the dining room. Just steps away, the massive Florida room provides so much bonus space – this could be your family room, home office or playroom.
The fenced-in & low maintenance backyard has plenty of room for a garden and fire pit area. The yard also includes a large storage shed that matches the style of the house.
The primary bedroom boasts two closets, and the ensuite has a walk-in shower and gorgeous vanity with lots of storage. The guest room is across the hall from the other full bathroom, which has been updated with a contemporary floating vanity & linen closet, plus a soaking tub with a tiled surround. Don't forget about the built-in water softener and security cameras, too.
Bear Creek is a great neighborhood that's close by schools and shopping centers (Publix, Aldi, CVS, etc). You'll also be close to Werner-Boyce Salt Springs State Park and the beach. Under an hour to the airport, Tampa, Clearwater & St. Pete!
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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 Bear Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017