9220 132nd STREET
About This Property
2 bath, pool home is located RIGHT in the heart of Seminole. Featuring an open living room and dining
room area, continue around to view the light and bright kitchen that overlooks a screened in
porch area and AND the pool. This split floor plan home features 3 bedrooms and a spacious
bathroom on one side and on the other is a Master bedroom with a walk in closet and en-suite
bathroom. Vaulted ceilings with crown molding complement the family room. Tons of
improvements are already done! New roof and AC were added in 2020, pool added in 2021,
driveway resurfaced in 2022, new windows in the back bedrooms, and the electrical panel was
upgraded for the solar panels that were added in 2022. Solar panels are NOT paid off and lease
MUST convey with purchase. Conveniently located close to the beautiful Gulf beaches,
Seminole schools and various grocery and shopping areas. Come and see this gorgeous home
today - you will not want to miss this opportunity!
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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