10019 Marbella DRIVE
About This Property
The Master boasts a large bathtub & rain head shower, his and her sinks, private toilet, and two custom walk-in closets with Hafele hardware. Over $100k in upgrades that you won't find in new construction! The barrel tile roof, beautiful flowers, and extended brick paver driveway for-two complement the curb appeal. Views of the nature preserve with beautiful natural light in the evenings and a variety of wild birds. Fenced-in yard is perfect for dogs, and there is a recently updated dog park in the neighborhood. Rosedale Golf and Country Club Community is a dog friendly & gated community with 24 hour security, award winning golf course, tennis, golf, fitness center, junior size Olympic pool, and social membership to restaurant at club house. The neighborhood is located in the golden triangle which means you are staying in close proximity to fine restaurants, shopping centers, arts, cultural centers and close to Downtown Bradenton, Sarasota, and St. Pete. The pristine & Crystalline beaches of Florida's Gulf Coast are also nearby, offering residents boating, fishing, water sports and other activities. NO CDD!
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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%.
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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