10481 Old Grove CIRCLE
About This Property
If you love to cook, this kitchen is made for you! It has a large workspace with granite counters, ample cabinets for storage, stainless steel appliances, gas range, and a great workspace triangle. The eat-in breakfast bar is complete with pendant lights.
The home is set up with the master bedroom suite to the left side of the home, the main living areas to the center, the other three bedrooms and two baths are on the far right. The master suite has a walk-in closet and a second closet. The ensuite bathroom has a soaker tub, walk-in shower, dual sinks, and private water closet. The home is set up for entertaining with plenty of areas to eat and enjoy company both formally and casually. The views of the pool from the family room and living room are open and inviting. There is a full pool bath with a shower, and for the other bedrooms, a full hall bathroom with a tub/shower combination. There is also an inside utility laundry hall with large storage closets.
The heated pool has a unique shape, and the estimated surface is about 13ft x 22ft. It also has a fountain and is inside a screened lanai with a large concrete deck. The screened lanai area has covered shelter under the roof line, plenty of deck space to get a suntan, and another spot to grill near the back by the pool bath door. The garage has room for two cars plus a work bench and storage. The roof was added in 2016 and the HVAC in 2020.
Within the neighborhood you'll find The Links at Greenfield Plantation championship golf course that is open to the public. You'll also find Lakewood Ranch, medical facilities, schools, shopping, and a Costco a short distance away. The location is great if you like to head to the beaches, to downtown Bradenton, Sarasota, St Petersburg, or Tampa. Don't miss your opportunity to buy this home. Set an appointment today!
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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%.
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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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About Manatee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017