9750 Ridge ROAD
About This Property
As you enter the home, you will be greeted by the open floor plan, updated tile flooring, fresh paint, and crown molding throughout. This home has 2 bedrooms and a bonus room in the rear of the home that can be used as an office or den. The kitchen features elegant dark countertops, a pantry, stylish wood cabinets and modern ceramic tile flooring. The dining room area adjoins the kitchen and is bright and roomy. You will be delighted to find the home has a brand new 1.5 well pump and 6 new well points for the sprinkler system. Other features of the home that you are sure to appreciate include a new lift master garage door with opening system, a hurricane rated garage door, ceiling fans throughout, new sliding glass doors, and a two-car attached garage.
This corner lot home is perfect for entertaining and offers plenty of privacy with newer wood fencing. This spacious property has more than enough space for additional tropical landscaping, a pool or a dog run. The possibilities are endless! Don't forget to bring your boat, jet ski, or RV, as there is ample room for parking at this property. No HOA fees or flood insurance required! This is the perfect home, in the perfect location that offers the BEST of Florida living at its finest! The location is unbeatable and is only a short drive from the world-famous award-winning Gulf beaches, Seminole City Mall, restaurants, coffee shops, medical facilities, parks, upscale nightlife, and all the entertainment you'll ever need! Walk to the Pinellas Trail or St Petersburg College from your front door! This fabulous, mint condition home is ready for you to move in and start enjoying living your Florida dream! Call today to schedule your private showing!
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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