183 AMERICAS CUP BOULEVARD
About This Property
The third bedroom, complete with French doors and a closet, easily adapts to your needs-whether used as a bedroom, guest room, office, or flex space. Mini-split AC units have been added to the primary suite and third bedroom for extra comfort.
Enjoy entertaining with a chef's kitchen that boasts granite countertops, stainless steel appliances, a gas stove with high-end exhaust hood, and ample storage. Take your friends to launch a boat at the Inlet's private boat ramp with boat lift, offering direct access to the Manatee River and Gulf of Mexico. Or relax on your private "no-see-um" screened lanai by the solar-heated pool.
With extensive recent updates, this home is truly "Move-In Ready." Improvements include: roof with secondary water barrier, LG AC heat pump inverter system-designed to lower your energy use by up to 60%-with transferable 12-year warranty, new pool cage screens with stainless fasteners, updated pool pump equipment, 4 solar pool heater panels, whole-house Generac generator for peace of mind, exterior paint (including garage and pool deck), washer/dryer, water heater, and garage door motor.
The Inlet's community amenities include a fishing pier, kayak/canoe launch and storage, hiking trails, tennis courts, and a playground/picnic area-all for a low monthly HOA fee of just $130. Conveniently located near shopping, medical centers, and the interstate, this home offers the perfect blend of comfort, style, and coastal living. Don't miss your chance to make it yours!
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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%.
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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 Manatee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017