16708 Berwick TERRACE
About This Property
A gourmet's dream, the kitchen gleams with stainless appliances, a commanding central island with farm sink, and light wood cabinets. A nearby dining alcove provides the perfect entertaining space.
The home's adaptability shines with the double-door study, elegantly repurposed by the current owners into an intimate dining area, demonstrating the home's versatile charm.
The master suite is a personal retreat. Here, tray ceilings, a dedicated sitting area, and oversized his-and-hers closets create an ambiance of luxury. The elegant ensuite bath features dual sinks, granite counters and and an oversized shower. Each of the additional bedrooms ensures guests feel equally pampered with private baths adjacent to each bedroom.
The casita is a masterpiece of design, offering access to the lanai and unfolding as a private two-room retreat, harboring a tranquil bedroom, private full bath and a versatile bonus room equipped with a sleek wet bar and mini refrigerator offering a myriad of usage possibilities making it an ideal spot for guests who value privacy and sophistication.
Outside, the expansive lanai and loggia serve as an entertainer's lavish canvas, boasting oversized dimensions and soaring 12 ft ceilings that amplify the open-air luxury. Whether it's a casual evening by the built-in grill or a night spent around the fire table, the ambience is enriched by stunning sunsets over the lake, promising a golden and unforgettable backdrop to your every gathering. Among its myriad features, this eco friendly home includes: solar panels significantly reducing the electric bill, Tesla charger, a whole-house generator a state-of-the-art reverse osmosis filtration system, a central vacuum system, tankless water heater, plantation shutters and elegant ceiling fans reflecting the meticulous attention to detail embedded in every facet of this home.
Reside in a community where lifestyle is paramount. Country Club East is a resort-style gated community offering an array of amenities including the Retreat with lap pool, splash pad, well equipped party room and gym. Also included in the HOA fee are 2 additional community pools and the Residents club. Enjoy the tranquility of this secluded location while remaining conveniently close to Sarasota's dining, entertainment, and cultural offerings. Top-rated schools, world-class beaches, restaurants, shops, medical facilities, and sports complexes are all within reach. Membership to The Lakewood Ranch Golf and Country Club is available for an additional fee. (www.lakewoodranchgolf.com) Don't miss out on the opportunity to call this remarkable home yours and experience the epitome of luxurious living in Country Club East. Schedule a private showing 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017