1076 Mallard Marsh DRIVE
About This Property
OVERSIZED LOT BACKING TO A PRESERVE. Three bedroom plus den and two full bathrooms plus half bath. The mature landscaped lawn welcomes you to enter the double glassed doors with transom windows into the spacious open floor-plan home. You will find the vaulted ceiling and crown molding adorning the common areas. The kitchen opens to the family room and the is an eat-in space as well. Have your casual dining by the breakfast countertop, or for more elaborate dining, you will enjoy the living-dining room more suitable. There is a pantry in the kitchen too. The laundry room boasts a utility sink and cabinets for your convenience. If you would like to work from home, you may choose the office/flex room with the French doors and it is light and bright. The main bedroom features a ceiling fan and glassed sliding doors that open to the pool and spa area. The main bathroom boasts a double vanity, a garden tub and a walk-in shower. Carpet and tile for flooring. Take advantage of the community pool at Rivendell. Oscar Scherer State Park is about 3 miles from Rivendell. There are lots of shopping options along the Trail. Golf courses are in the vicinity for you. Sarasota and Venice have many culinary and cultural venues for you to explore.
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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