12815 24TH STREET CIRCLE E
About This Property
A brand-new roof installed in 2025 gives peace of mind, while a reverse osmosis water system and softener (2022), along with a ultraviolet water treatment system added in 2023, ensures exceptional water quality throughout the home.
Step outside into your own private oasis, a fully fenced backyard overlooking a tranquil lake, perfect for relaxing or entertaining. The panorama-screened porch includes a high-quality ceiling fan, allowing for year-round outdoor comfort as you take in the serene water views.
Inside, the kitchen is the heart of the home with granite countertops, an oversized island, and plenty of space to cook, gather, and entertain. Natural light fills the living areas, creating an open, cheerful atmosphere throughout.
The split floor plan is designed for comfort and privacy. On one side, the primary suite features two spacious closets with built-ins, dual granite vanities, and a large walk-in shower in the ensuite bath. On the opposite side, two guest bedrooms and a full bath are tucked behind a pocket door, creating a private guest suite experience.
The two-car garage is equipped with a custom overhead shelving unit, providing ample storage space and keeping everything neatly organized.
Enjoy River Plantation's extensive amenities including a community pool, basketball court, tennis/pickleball court, playground, and scenic nature trails along the peaceful river outlets. For outdoor enthusiasts, there's also a kayak launch and nearby access to the Fort Hamer boat ramp.
With a low HOA, convenient proximity to Lakewood Ranch, Sarasota, Tampa, and St. Pete beaches, and a location close to all major routes, this home offers the best of Florida living.
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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.
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