9482 NODDY TERN ROAD
About This Property
Easily maintained with smart irrigation on front, back, and sides (including drip lines to all plants and trees with upgraded Florida friendly landscaping package. This property offers true freedom with **NO HOA**, **NO CDD**, ** No Flood Ins req
Zoned "X,AE" . Thoughtully designed and built for Florida with super competitve homeowners Insurance rates refecting.
Location is prime being mere minutes from all the creature comforts and convenience on SR 50/Cortez Rd with just minutes away in South Royal Highlands, not to forget easy access to Tampa/Orlando Via 589/Suncoast Parkway. And did I mention the area beaches, parks, and preserves only experienced on the Nature Coast of Florida including the world famous Weeki Wachee Mermaids, Buccaneer Bay, and some of the most picturesque and serene sunsets you will ever experience all from "Home" Enjoy peace of mind with included **2-10 New Home Warranty**. Don't miss this unique opportunity-contact us today for your private tour of Santabarbara Homes LLC and exeperience the differerence in person.
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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 North Weeki Wachee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017