2090 SYLVAN LEA DRIVE
About This Property
The outdoor living area is exceptional, offering a full outdoor kitchen, a spacious 1,500 sq. ft. screened lanai, and a heated saltwater pool and spa. The primary suite boasts a California-style walk-in closet, while the air-conditioned three-car garage includes a dehumidifier for added comfort.
This home is designed with security and efficiency in mind. It features hurricane-rated windows and doors, solar panels, two Tesla backup batteries, a whole-house water filtration system, and a Google-connected security system. Enjoy privacy in the beautifully landscaped yard with fencing, fruit trees, and a vegetable garden.
Located just minutes from Siesta Key Beach, downtown Sarasota, and key transportation routes, this property offers the perfect blend of luxury, elegance, and natural beauty.
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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