11 MEDALIST CIRCLE
About This Property
You can easily expand your living space outdoors with your triple pocketing sliding glass doors in the living room to your private Florida oasis! Enjoy both the sun and shade with a large 35' x 11' covered lanai providing ample space for seating, and a 35' x 22' screened lanai with your very own ELECTRIC HEATED pool which was recently resurfaced in 2020, all surrounded by luscious landscaping and a tranquil water view where you can watch endless Florida sunsets--truly a backyard oasis! There is plenty of room inside with the "split" bedroom layout -- the primary suite is separate with a spacious bedroom with a walk-in closet, sliding glass doors that lead to the lanai, easy to maintain LVP flooring & a stunning ensuite bathroom with dual sinks, tile floor, a private water closet and the added bonus of a soaking tub with a separate shower with sand color tile on the walls and floor. On the opposite end of the home, there are 3 bedrooms and the guest bathroom--all bedrooms have carpet flooring and ceiling fans, sizable closets (1 bedroom has a walk-in closet), and all are conveniently located just steps away from the guest bathroom that provides direct access to the pool! Lets not forget the laundry room with wire shelving and a door to the spacious two car garage with a new overhead door opener replaced in 2024...all you could ever want plus more! Enjoy the extras of hurricane shutters for all windows and sliding glass doors, irrigation supplied from the canal. Don't wait, come live the Florida dream! Enjoy the five golf courses Rotonda West offers along with walking trails, pickleball courts and freshwater canals for kayaking all just minutes away. Conveniently located near shopping, restaurants, beaches, fishing, local farmers markets and so much more. Make this home your dream come true.
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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 Rotonda
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017