21275 Sandal Foot DRIVE
About This Property
The home features a 3-car garage with pavered driveway and winding walk to the entrance, accented by mature landscaping and butterfly gardens. The large, private lanai features uninterrupted views of preserve and lake. Enjoy the sunset from the lanai year round.
Inside find 10 foot ceilings and 8 foot doors, crown moulding, plantation shutters, tray ceilings, and a tile floor set on the diagonal. The open floor plan includes a large den/study with French doors for use as an office, TV room, playroom, music room, or perhaps a yoga studio.
The kitchen with walk-in pantry and gas range has been thoughtfully upgraded with quartz countertops, stainless steel appliances, under cabinet lighting, and an expansive island with beadboard accent plate.
The spacious master suite features his and hers walk-in closets and an en suite bathroom with dual sinks and walk-in shower.
The second and third bedrooms feature large walk-in closets and the second bedroom has en suite access to the second bathroom.
The inside dedicated laundry room features a large sink, cabinet upgrades, and a built-in ironing board.
The 3-car garage has been insulated and fitted with a mini-split air conditioner for comfortable use as a workspace, art studio, or man cave. In the garage is a whole house water softener and filtration system.
Walk in less than a minute to the private Cove pool, hot tub, barbecue, and covered lounging and social areas. Meet with neighbors to enjoy happy hours, a lively board or card game, or lounging in the heated pool. Enjoy the benefits of a small enclave, including security gates and maintenance-assisted landscaping, in addition to the extensive amenities of the greater Grand Palm resort community.
Grand Palm features miles of winding roads, many natural green spaces, 8 walking/jogging trails, a fitness center, clubhouse, social club, two resort style pools (one with waterslide), a lap pool, splash pad and playground, tennis, pickle ball, volleyball, basketball and bocce courts, and a dog park.
Grand Palm is the perfect location for living the resort lifestyle in Venice, FL, and is convenient to both 1-75 and the city of Venice. Supermarkets, shopping, beaches, Sarasota Memorial Hospital, the Atlanta Braves Stadium, and charming downtown Venice are all within a 10 to 20 minute drive. Grand Palm is nearby Wellen Park, which offers a brand new downtown district with shopping, restaurants, and lakeside attractions. Schedule your showing today!
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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