29336 Sam Way
About This Property
The kitchen is designed for the serious cook, featuring high-end appliances, a large island with storage on all sides, and a wine refrigerator-ideal for entertaining or everyday creativity. Granite countertops and a roomy breakfast bar complete the space with style and function.
The oversized primary suite serves as a private retreat, offering direct access to the lanai and pool area. The ensuite bathroom includes dual vanities, a soaking tub, and a separate shower for a spa-like experience. One of the guest bedrooms also has its own ensuite, perfect for use as an in-law suite, while the remaining two bedrooms provide plenty of flexibility for guests or a home office.
The screened lanai features electric shutters, an outdoor kitchen, and a heated saltwater pool with hot tub-an inviting setup for gatherings or quiet relaxation. The fully fenced and gated property includes an electric wire fence for added security, and a scenic pond enhances the tranquil atmosphere. Horses are welcome, making it ideal for equestrian enthusiasts.
Car lovers will appreciate the detached outbuilding (42' x 24'), complete with water and electricity, three bays that can accommodate multiple lifts, and ample space for yard equipment and tools. Along with the attached 2-car garage, you'll find generous parking and storage options throughout.
This exceptional property combines refined living, equestrian amenities, and plenty of room to roam-an ideal retreat for those seeking privacy, comfort, and the best of the Florida lifestyle.
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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 Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017