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1286 Venetian Way
About This Property
Step inside to discover an inviting open floor plan that effortlessly flows out to a spacious lanai, where you can soak in serene water views and endless sunsets. The master suite is a private retreat, boasting two walk-in closets (one with natural light-ideal for dressing or makeup) and a spa-like bath with double sinks and a sleek glass shower. Downstairs, a bonus 718 square feet of and insured living space offers ultimate flexibility, featuring a complete guest suite with a full kitchen, and direct access to a custom patio with an outdoor kitchen and spa-perfect for entertaining or unwinding after a day on the water.
Boaters will revel in convenience of having your own private dock, with a 60' seawall, 2 boat lifts (one added in 2022 with a 10,000lb capacity and auto-stop, while another can support 1,500lbs), and a video security system. A second driveway leads to an extra gated parking area that is perfect for storing a boat trailer, RV or other water toys.
The home also features a newer (2017) metal roof, a newer (2022) water heater, and a comprehensive air conditioning system, complete with a central system (2025) and 2 mini splits (2022).
Whether you're looking for a forever home, a seasonal retreat, or an exceptional investment opportunity, this residence promises to deliver on every front. Live where every day feels like a vacation-your Gulf Harbor oasis awaits!
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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