1708 Marilyn AVENUE
About This Property
Bayshore Gardens is a wonderful community near Sarasota Bay. An $367 fee is added to the homes taxes per year and includes a junior Olympic pool, private boat ramp, club house, tennis courts, and a marina dockage for a small additional fee. The owner pays $10 for a key fob to the pool. The boat ramp is $80/yearly. Call the community manager to verify information.
This home will not last! Schedule your private showing today!! Great first home, rental investment, or housing upgrade without investing the time and money!
Room measurements are approximate. Please verify room measurements with buyer/ buyer's agent.
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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 Bay shore Gardens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017