1839 Farm Trail
About This Property
Nestled in the heart of Sanibel Island, this beautifully maintained residence is one of just 38 homes in the sought-after and serene community of Island Woods-one of the island's most charming and well-kept neighborhoods.Step inside and be greeted by a light-filled open floor plan with soaring vaulted ceilings, creating a spacious and inviting atmosphere. The newly remodeled kitchen is a chef's delight, featuring modern finishes and pocket sliding doors that open seamlessly to a private screened lanai-perfect for island-style indoor-outdoor living.The primary suite offers a peaceful retreat, complete with a generous walk-in closet, a stackable washer and dryer, and an adjoining flex room ideal for a home office, workout space, or reading nook. Upstairs, you'll find an additional ensuite bedroom, a third bedroom, and a third full bathroom, along with a separate laundry area conveniently located on the landing-perfect for hosting guests or accommodating family with comfort and privacy. This home also boasts a spacious two-car garage with ample room for storage-perfect for your beach gear, bikes, and island toys.Island Woods residents enjoy outstanding amenities, including an Olympic-size swimming pool, private tennis courts, and a basketball area-all surrounded by lush tropical landscaping. Ideally located near shops, restaurants, and just a short drive to Sanibel's world-famous beaches, this home offers the perfect balance of tranquility, convenience, and island lifestyle. Don't miss your opportunity to own a slice of paradise in one of Sanibel's most beloved communities!
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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