24183 SAVORY LANE
About This Property
Surrounded by eleven sparkling lakes, lush greenbelts, and native wildlife, this neighborhood offers a peaceful setting for morning walks, afternoon bike rides, and quiet days spent fishing or birdwatching. The Spoonbill Lake park adds to the charm with Old Florida-style pavilions, picnic areas, and a welcoming community space.
For those drawn to the water, launch your kayak from Bear Branch Creek and follow the winding mangroves out to Charlotte Harbor-where every paddle feels like an escape into untouched Florida beauty.
Next door, Burnt Store Marina opens the door to boating, golf, tennis, pickleball, dining, and an active social scene-available without mandatory membership.
With no CDD or RDD and a low $518 annual HOA, this is your chance to create your ideal Florida retreat without unnecessary fees. Buy now, the prices are great!
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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