20450 REVIVAL LANE
About This Property
As you enter, you'll be greeted by a bright and open floor plan that seamlessly connects the living, dining, and kitchen areas. The gourmet kitchen boasts sleek countertops, contemporary cabinetry, and high-end stainless steel appliances, making it a dream for any home chef. The master suite is a true retreat, featuring ample space, large windows for natural light, crown molding and a luxurious en-suite bathroom with a double vanity, and a walk in glass shower. Two additional well-sized bedrooms provide versatility for a growing family or guest. This home comes with a designated flex/ den to be used as your home office, library, music room or whatever fits your needs best. In addition to the established 3 bedrooms and den, this home comes with a bonus! Step outside to the large, fenced in extended patio, perfect for relaxing or entertaining.
This gated community offers a wealth of amenities to enhance your lifestyle. Strategically located in the community, you will have access to a resort style pool, pickleball & tennis courts, fitness center, bocce, club house. A quick walk away, residents have access to Blue Heron dog park which features sides for large and small dogs! Renaissance also has a full time lifestyle director who plans community events. If you are looking to spend more time with friends and family at the pool, this community is maintenance free so you no longer have to cut your own grass!
Conveniently located in the heart of Wellen Park, this home is less than 2 miles from Downtown Wellen Park which features brand new shops, restaurants, live music, weekly farmers market and monthly signature events. If you are a beachgoer, this property is 20 minutes away from 3 pristine Florida beaches! Wellen Park offers A-rated schools including Prodigy Early Learning, Primrose School, College Preparatory Academy at Wellen Park, and the State College of Florida. A new Sarasota County High School is currently under construction, with plans to add a future K thru 8 school to the campus.
With numerous hospitals and medical providers nearby Wellen Park, and even more to come, you can be assured quality healthcare is close to home including Sarasota Memorial Hospital, HCA Florida Wellen Park, Millennium Physician Group, and more.
Featuring modern finishes, an open layout, and an expansive backyard, this home offers everything you need for comfortable living. Don't miss out on the opportunity to make this stunning non flood zone home 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%.
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