1403 VIOLA DRIVE
About This Property
This inviting Spanish-style residence features a well-designed open-concept floor plan ideal for both everyday living and entertaining. The custom chef's kitchen is a true showstopper, complete with all-wood cabinetry with soft-close hardware, granite countertops, and a ceramic tile backsplash.
The left wing of the home includes the Primary Suite with an upgraded primary bathroom completed in 2021, and an additional office that can easily serve as a fourth bedroom. The left wing also includes two generously sized guest bedrooms and a guest bathroom. The right wing provides a private guest suite featuring a dedicated workout room or office, and a conveniently located laundry room. Step outside to an expansive backyard surrounded by mature landscaping, creating a serene and private setting. Enjoy Florida living year-round with a sparkling blue pool featuring a rock and waterfall feature, plus an attached hot tub-perfect for relaxing or entertaining. Adding even more functionality, the property includes a metal barn with a concrete slab, ideal for extra storage, a workshop, or hobbies.
Blending timeless character with extensive modern upgrades, this exceptional home offers comfort, functionality, and long-term value in one of Bloomingdale's most desirable locations.
Major system upgrades provide exceptional peace of mind, including a new roof (2020), hot water heater (2020), pool heater (2020), a new AC system (2022), and all plumbing fully redone with PVC in 2022. Hurricane-impact windows were installed in 2023 and complemented by hurricane shutters added in 2025. The pool has been further enhanced with a brand-new pool filter in 2026.
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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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About Brandon
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017