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16525 HILLSIDE CIRCLE
About This Property
At the heart of the home, the gourmet kitchen features KitchenAid® stainless steel appliances, a 5-burner gas cooktop, built-in oven, expansive granite island with seating, abundant workspace, and a stylish tile backsplash. The adjoining great room is highlighted by soaring tray ceilings and a dramatic floor-to-ceiling stone accent wall with an electric fireplace, creating a warm and inviting gathering space.
The private primary suite offers peaceful lake views, dual vanities, an oversized walk-in shower, and a custom-designed walk-in closet. Tile flooring extends throughout the primary suite and main living areas, while engineered wood flooring adds warmth to the office/den. Eight-foot interior doors, designer lighting, custom ceiling fans, and high ceilings enhance the home's sophisticated appeal.
The expansive screened lanai showcases a heated pool and spa overlooking the sparkling lake, complemented by a fully equipped outdoor kitchen with poured concrete and a tile backsplash-perfect for entertaining or relaxing in the serene setting.
Additional highlights include a decorative hurricane-impact glass front door, tankless water heater, and spacious garage.
Located within the gated, maintenance-free enclave of Country Club East, where lawn care is included, residents enjoy resort-style pools, a fitness center, clubhouse, scenic walking and biking trails, and optional membership to The Lakewood Ranch Golf & Country Club, offering championship golf, tennis, pickleball, dining, fitness, and a vibrant social calendar.
Just minutes from Waterside Place, Lakewood Ranch Main Street, premier shopping, dining, medical facilities, top-rated schools, and Sarasota's world-renowned beaches and cultural attractions, this exceptional home offers the very best of the Florida lifestyle.
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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