Beautiful 4-bedroom, 3-bath pool home with 3-car garage. This home
offers the space, upgrades and features you've been looking for.
Park Trace Estates is a well-established residential community in
Osprey Florida. Perfectly positioned between Sarasota and Venice
providing easy access to nearby beaches, restaurants, Tiki bars,
biking trails, parks, great schools and so much more! This
four-bedroom three bath pool home features hurricane impact windows
and doors, newer roof, heated saltwater pool, outdoor kitchen,
amazing landscaping and complete privacy in the back of the home
giving a lush tropical ambiance for relaxing or entertaining. As
you step inside, you'll immediately see the quality and care in
every detail. High ceilings, beautiful flooring, plantation
shutters, kitchen/family room combination, formal Living room and
Dining room. This home is a must see!
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.
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