11516 28TH STREET CIRCLE E
About This Property
Nestled within the desirable River Woods community, this elegant 3-bedroom plus den, 3-bath residence with a 3-car garage is thoughtfully designed to offer both privacy and comfort. Perfectly situated on a preserve-view lot, the home provides a serene backdrop of lush greenery, ensuring tranquility with no neighbors behind.
Inside, soaring ceilings and architectural details, including arched entryways and custom niches, create a spacious and inviting ambiance. The open-concept great room seamlessly connects to the formal dining area and well-appointed kitchen, which features stainless steel appliances, abundant cabinetry, a pantry, Corian countertops, a breakfast bar overlooking the sunny dining nook, and newer appliances such as the fridge and dishwasher. Multiple sliding glass doors extend the living space outdoors to the expansive covered lanai-an ideal retreat for relaxing or entertaining while enjoying the peaceful preserve views. Roof and Water Heater are 2021
The owner's suite is a private sanctuary with two walk-in closets, French door access to the lanai, and an en-suite bath featuring dual vanities, a walk-in shower, and a garden tub. A dedicated office/den with French doors offers flexibility for working from home or creating a quiet study. The split-bedroom layout ensures comfort and privacy for family or guests, with well-sized secondary bedrooms and full baths.
Additional highlights include a newer roof and water heater, plantation shutters, and a Trane HVAC system with air purifier. The unique garage setup includes a double side-entry garage plus a separate single-car garage, offering ample parking and storage.
River Woods residents enjoy access to a community center with fitness equipment, a resort-style pool, tennis and pickleball courts, beautiful tree-lined streets, and NO CDD FEES. Located in Parrish, this home is minutes from shopping, dining, and top-rated schools, with easy access to I-75 for convenient travel to Sarasota, St. Petersburg, and Tampa.
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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.
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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