11481 SAGE CANYON DRIVE
About This Property
The main living areas flow seamlessly together, creating a functional layout ideal for gatherings and daily living. Step outside to the expansive backyard and enjoy peaceful water views and outdoor living space.
Upstairs, you'll find all five bedrooms along with a large loft area providing additional flexible living space for a media room, home office, playroom, or secondary family area. The spacious primary suite features an en suite bath with dual vanities and a walk-in closet.
Residents of Ventana Groves enjoy access to exceptional community amenities including a resort-style pool, clubhouse, playground, pickleball courts, and additional recreational amenities. Conveniently located near I-75, I-4, and the Selmon Expressway, the property offers easy access to downtown Tampa, MacDill Air Force Base, Tampa International Airport, shopping, dining, medical facilities, sporting venues, and 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 Riverview
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017