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12619 GARIBALDI LANE
About This Property
Enjoy easy Florida living with **tile flooring throughout **and a light, open living space that flows seamlessly to one of the home's standout features: the extended 18' x 25' private lanai overlooking a peaceful preserve. With plenty of room for outdoor dining, lounging, and entertaining, this oversized screened space creates a wonderful extension of the home's living area and a relaxing place to enjoy the natural surroundings.
Gran Paradiso offers the resort-style Florida living that so many buyers are looking for. This beautifully established community features wide sidewalks and lantern street lights winding through mature landscaping and an impressive array of amenities, including a resort-style pool, grand clubhouse, pickleball and tennis courts, card room, library, playground, and much more. Whether you prefer an active lifestyle, relaxing poolside, or simply taking an evening stroll through the neighborhood, Gran Paradiso offers something for everyone. HOA dues include lawn and land maintenance, cable, internet, all amenities and guard at the gate.
Ideally located just across from the new Downtown Wellen, you'll find restaurants, shopping, entertainment, community events, and an 80-acre lake surrounded by walking trails. You're also conveniently located near Cool Today Park spring training facility and Historic Venice with its charming, walkable streets, boutiques, restaurants, theatre and small-town coastal atmosphere. Some of Southwest Florida's beautiful Gulf beaches, boating, and all that the greater Sarasota area has to offer are just a short drive away. Book 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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017