10441 MACFARLANE PLACE
About This Property
A tropical palm tree welcomes you home, and the charming front porch is the perfect spot for rocking chairs, morning coffee, or relaxing evenings enjoying the Florida breeze.
Step inside to discover a warm and inviting layout featuring tile flooring throughout the main living areas and a spacious living room that flows seamlessly into the kitchen and out to the screened lanai, creating an open and connected space ideal for everyday living and entertaining.
The kitchen is truly a standout, offering abundant counter space, beautiful granite countertops, generous cabinetry for storage, stainless steel appliances including a gas stove, under-cabinet lighting, and a snack bar with barstool seating for casual meals or gathering with friends. Just off the kitchen, a sunny breakfast nook provides a bright spot to start your day, while the formal dining room offers the perfect setting for hosting holiday dinners and making memories around the table.
The split-bedroom layout provides privacy and comfort for everyone. The spacious primary suite features a large bedroom, and TWO walk-in closets with built-in closet system, and a well-appointed bath with dual sinks and a large walk-in shower, creating a relaxing retreat at the end of the day.
Additional thoughtful features throughout the home include hurricane shutters, a whole house generator, irrigation system, on-demand water heater, custom blinds, and a garage storage system to help keep everything organized. The laundry room comes complete with a washer and dryer, adding everyday convenience.
Step outside to the screened lanai, an inviting extension of the home where you can enjoy Florida's beautiful weather year-round while overlooking the upgraded landscaping in the back yard.
Living in Artisan Lakes means enjoying a vibrant community lifestyle with scenic walking trails, a resort-style community pool, fitness center, basketball courts, sports fields, and playgrounds, offering something for everyone to enjoy. Conveniently located near shopping, dining, and major roadways, this Palmetto location also provides easy access to Bradenton, Sarasota, and the beautiful Gulf Coast beaches.
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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 Artisan Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017