12580 SAGEWOOD DRIVE
About This Property
You'll appreciate extensive improvements and peace of mind with IMPACT WINDOWS and SLIDER (2020), a Generac GENERATOR (2020), STORM SMART lanai SHUTTERS (2021), a whole-house surge protector, and an IMPACT FRONT DOOR (2024). Additional key updates include a tankless water heater (2021), new HVAC (2024), paver lanai flooring (2020), plantation shutters (2020), Smart Core engineered maple flooring in all three bedrooms (2021), guest bath upgrade (2021), and overhead garage storage racks (2021). Recent appliance updates include refrigerator (2022) and washer (2023). Fresh interior paint, roof cleaning (2023), and EXTERIOR PAINT (2025) complete the picture. Survey and elevation certificate available.
Enjoy the covered front porch, mature landscaping, and the screened lanai-perfect for relaxing or entertaining. Grand Palm's resort-style amenities include a state-of-the-art fitness center, resort pool, lap pool and spa, 20+ miles of hiking/biking trails, 2 dog parks, tennis, bocce ball, beach volleyball, basketball court, multiple playgrounds, splash park, fishing piers, and a kayak launch on a pristine 32-acre lake. Convenient to I-75, Gulf beaches, and historic downtown Venice. Paradise awaits-schedule your showing today!
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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