2619 Bigelow DRIVE
About This Property
As you arrive, the circular driveway leads to a two-car garage with ample storage and laundry. Inside, mid-century design meets tastefully integrated upgrades. Resurfaced terrazzo floors grace the bedrooms, kitchen, bathroom, and front entry. Additional enhancements include freshly painted interiors, renovated closets offering ample storage space, and an insulated attic. The upgraded kitchen, featuring a Thermador chef's cooktop, invites culinary expertise.
Step into the heart of relaxation and entertainment with an oversized pool and cascading spa, set amidst lush greenery for ultimate privacy. The rescreened pool cage ensures uninterrupted enjoyment, while a newly installed 8-foot cedar fence surrounds the property, providing complete seclusion. Plus, there's an outdoor shower to rinse off after a refreshing swim or spa session.
Southgate residents enjoy access to the South Gate Association Clubhouse, a masterpiece by renowned architect Victor Lundy. Overlooking Philippi Creek, this enclave boasts a large pool and kayak launch, providing additional leisure options for outdoor enthusiasts.
Located nearby Sarasota Memorial Hospital, Southside Village, downtown Sarasota, and within A-rated school district, this home offers the perfect balance of comfort, convenience, and natural beauty. Don't miss out!
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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%.
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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