2300 STRATFORD DRIVE
About This Property
Step into a world of comfort and outdoor living, where cherished memories await! This property is designed for those who love to entertain and enjoy the outdoors. Imagine hosting summer barbecues by your pool, cooking up delicious meals in your outdoor kitchen, enjoying friendly competitions in the game area, or simply relaxing under the sun with loved ones-all within the safety of a fully fenced yard.
Inside, this home offers three spacious bedrooms and two bathrooms, plus an office/guest room complete with its own en-suite bathroom-perfect for remote work or as a guest suite.
This home fully stocked with both tasteful indoor & outdoor furniture, home goods, & games for a turn-key ready option. The maintenance-free lawn is entirely paved, providing ample parking and easy upkeep so you can spend more time enjoying life. Recent upgrades include a durable tin roof installed in 2020 and AC system 2020.
Located in one of Sarasota's easy accessed neighborhoods, you'll have access to the world-renowned Siesta Key beach and vibrant Downtown Sarasota. Enjoy all that this beautiful city has to offer-from its rich cultural scene to exciting outdoor adventures.
Don't miss out on this exceptional opportunity! Schedule your private tour now and discover how this remarkable property can be the backdrop for your next chapter!
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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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About Sarasota Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017