1345 SORRELL WAY
About This Property
The kitchen is a chef's dream, equipped with a custom-built pantry, top-of-the-line stainless steel appliances, quartz countertops, and an island that opens gracefully into the living room. The primary suite offers a large walk-in shower and an expansive custom closet, adding a touch of luxury to everyday living.
You'll appreciate the pocketing closed corner sliding glass doors that effortlessly integrate indoor and outdoor spaces. The paver deck offers an extensive under-roof area, pre-plumbed for an outdoor kitchen, and overlooks a tranquil preserve, creating a perfect oasis for relaxation and outdoor enjoyment. In addition, the main attraction of the screened in lanai, the heated saltwater pool with built in spa will enhance your relaxation day after day.
The home is also fortified with hurricane impact windows for added security and peace of mind. For additional storage needs, the home includes a spacious laundry room with added storage and an extended garage capable of housing an extra vehicle, workshop or extra belongings.
Cypress Falls is a vibrant community brimming with amenities, including a clubhouse, resort-style heated pools, a fitness center, and courts for tennis and pickleball. Residents can also engage in activities like horseshoes and bocce. With a full-time activities director and a variety of clubs and social events, this home offers not just a place to live but a thriving, enriched lifestyle. Discover the unique allure of this exceptional property 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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About North Port Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017