1821 Highland ROAD
About This Property
The primary bedroom is a true retreat, complete with an en suite bathroom for added privacy and convenience. Revel in the seamless flow of all wood floors, creating a warm and inviting ambiance in every room.
The first floor is dedicated to convenience, featuring a spacious garage with room for 2 cars, a convenient carport, and a driveway ensuring ample parking space for residents and guests. Ascend to the second floor, where you'll find the remaining residential rooms thoughtfully arranged for optimal comfort.
The kitchen boasts Stainless Steel appliances, with a brand-new dishwasher installed in January 2024, ensuring both aesthetic appeal and functionality. Recently updated laminate floors seamlessly flowing from room to room. The bathrooms have been thoughtfully refreshed with Quartz countertops, adding a touch of modern sophistication.
This residence offers not one but two outdoor living spaces, allowing you to savor the Florida lifestyle to the fullest. Step outside onto the screened balcony lanai and savor moments of tranquility in a private outdoor space and an additional spacious screened lanai on the ground level. Additionally, residents have the privilege of enjoying a community POOL, perfect for relaxation and social gatherings.
Practical updates include the replacement of old Copper plumbing with new PEX plumbing in June 2021 and the installation of a new HVAC system in August 2023, ensuring the home's efficiency and longevity.
*MAINTENANCE FREE* HOA fee includes maintenance of: landscaping, plantings, trees, lawns, flowers, irrigation systems, mulch, driveways, curbing, sidewalks and pool.
The property is situated in a peaceful neighborhood, mere minutes from renowned area beaches such as Nokomis, Venice, and Siesta Key. For outdoor enthusiasts, a nearby park features a kayak/paddleboard launch into the canal of the intracoastal, while Oscar Scherer State Park is conveniently located across Hwy 41. Boating enthusiasts will appreciate the proximity to a new public boat ramp at Blackburn Point, just one mile away. Quick access to I75 ensures seamless travel for those on the go.
This property seamlessly combines practicality and style, making it an ideal place to call home. Don't miss the opportunity to experience the comfort and convenience of this exceptional residence. Schedule your appointment to view this property 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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Mar 16, 2024 | In contract | - | |
| In contract | |||
| Jan 22, 2024 | Listed by KELLER WILLIAMS ON THE WATER S | $399,500 | |
| Listed by KELLER WILLIAMS ON THE WATER S | |||
| Jan 20, 2023 | No longer available | - | |
| No longer available | |||
| Nov 16, 2022 | Price Decreased |
$410,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017