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1325 HIDDEN HARBOR WAY
About This Property
Included with the property is a deeded dock (Lot 37A) and a recently rebuilt boat lift with new remote controls. The protected community basin, offers convenient access to Roberts Bay, Sarasota Bay, Big Pass, and the Gulf of Mexico-perfect for boating, fishing, kayaking, paddleboarding with the local manatees, or simply enjoying the waterfront lifestyle.
Just minutes from world-famous Siesta Beach, Siesta Village, and downtown Sarasota, you'll enjoy the perfect balance of privacy, convenience, and island living.
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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