118 Mill RUN E
About This Property
118 Mill Run E is a three-bedroom, two-bathroom home, located towards the quite end of the of Mill Run E with minimal traffic. Use the link to the 3D tour to take a virtual walk through the home. It has the perfect split floor plan, and at 1,920 sf, an abundance of living space.
When you enter, you will come through the foyer into the living room, with a beautiful view of the lanai, swimming pool, the lush green garden, shade trees, the pond and nature preserve beyond.
In the home, as you stand in the living room you'll notice the vaulted ceilings and beautiful natural light. The dining room will be on your right, the primary bedroom to your left. To your upper right you'll find the spacious, updated kitchen. A skylight above brightens the home. The kitchen has granite counter tops, black-stainless appliances, tile backsplash and new plank tile floor. The primary bedroom has an ensuite bathroom featuring an extra-large walk-in shower, garden tub, and double vanity. The primary bedroom has one standard closet and a walk-in closet, solid surface floors, and another enchanting view of the back yard through the private sliding glass doors.
The pool filter, garage door opener and hot water heater are all new under one year old. The roof and skylight were replaced in April of 2019. The home is on municipal water and sewer. The living room and dining room have new porcelain tile floors and tall base trim. The interior has been freshly painted and is in move-in condition. You won't have to worry about patching a bunch of holes from pictures and wall hangings; most have not been replaced after painting. The sellers are trying to leave as much of a blank canvas for the new owners as possible.
The Country Creek Community is known for beautiful tree canopy streets, half acre lots, sidewalks, very low HOA fees, and a beautiful park with play equipment. All this makes the community one of the most desirable in East Bradenton. If you are a lover of privacy and nature you should hurry to set an appointment to view this home and rush to make an offer!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017