20333 MINUET PLACE
About This Property
This beautifully designed home features 3 bedrooms, a spacious den, and a versatile flex room, giving you endless possibilities for work, play, or relaxation. Inside, gorgeous wood-grain tile flows throughout the main living areas, creating a warm and elegant aesthetic. The heart of the home is the chef's kitchen, complete with Quartz Carrara countertops, a custom designer backsplash, upgraded cabinetry and appliances and an oversized island ideal for entertaining. Step outside to the newly extended picture-frame lanai, showcasing breathtaking wide lake views-perfect for morning coffee, sunset gatherings, or simply unwinding in your own private sanctuary. Additional highlights include 2.5 beautifully appointed bathrooms, an open-concept great room, and thoughtful finishes that elevate the entire space. Residents of Renaissance enjoy world-class amenities including a resort-style pool, clubhouse, pickleball courts, fitness center, and scenic walking trails. All with easy access to many beautiful Gulf Coast beaches and walkable to many shops and restaurants. This is modern Florida living at its finest-luxurious, active, and move-in ready. Flood Insurance NOT Required!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017