9303 Kingston ROAD
About This Property
Enjoy the Florida sunshine in the enclosed sunroom, which could easily be transformed into a fourth bedroom or office. The home is open and bright, with a large den at the back that looks out to the backyard. The backyard itself is surrounded by a beautiful vinyl fence and features an abundance of native butterfly plants and a mango tree. Let your imagination run wild with the possibilities for this huge yard - there is plenty of room for a home garden, boat or camper storage, a pool, or simply space for the kids to play.
Located just two miles from Bradenton Beach and Bridge Street, this home is in the perfect location for all your beach activities. Historic Cortez is also right down the street, where you can take a walk and visit the docks for a lunch of fresh fish. Don't miss out on the opportunity to make this gorgeous home your own!
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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