3086 PINECREST STREET
About This Property
Step inside to a thoughtfully designed 2-bedroom, 2-bathroom layout, where terrazzo flooring, abundant natural light, and a spacious Florida room provide a seamless blend of comfort and style. The expansive windows in the living area frame breathtaking water views, creating a peaceful retreat within your own home.
The updated kitchen is designed with both form and function in mind, featuring stone countertops, gorgeous cabinetry, and great appliances. Flowing effortlessly into the open living and dining areas, this space is ideal for entertaining or quiet evenings at home. The living room is spacious with options for multiple layouts and includes built in shelving.
The primary suite offers a tranquil escape, complete with an en-suite bath, dual sink vanity and serene backyard views. A generously sized second bedroom provides flexibility for guests or a home office. Situated right next to it is another generously sized bathroom with walk-in shower and double vanity sinks.
Beyond the artistic mosaic entryway, the outdoor space is equally impressive. The screened-in porch, covered patio, and courtyard create a private oasis, perfect for enjoying Florida's year-round sunshine. The property also boasts oversized parking with a circular driveway plus a two-car garage with additional overhead storage space.
Join the optional South Gate Community Association for only $200 a year and get access to the community pool and clubhouse. .
Located just minutes from Siesta Key Beach, St. Armands Circle, and downtown Sarasota, this home offers the perfect blend of convenience and tranquility. With no minimum lease restrictions, it's an excellent option for both homeowners and investors.
Don't miss the opportunity to own this waterfront gem with an artistic touch-schedule your private 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