3164 SATILLA LOOP
About This Property
Inside, the home is finished with vinyl flooring throughout, creating a clean and cohesive feel from the moment you walk in. Just off the entry, the first bedroom sits near a full bathroom, making it a great option for a guest suite, private office, or flexible first floor space.
From there, the home opens into the main kitchen, dining, and living area. The kitchen features white cabinetry, stone countertops, stainless steel appliances, a built in oven, gas range, range hood, and a walk in pantry with wood shelving. The adjacent dining and living spaces include crown molding, built in speakers, and beautiful views of the pool and pond through the sliding glass doors, which are finished with plantation shutter sliders.
The outdoor living space is one of the biggest highlights of the home. The fully enclosed pool area features a gas heated saltwater pool, in ground spa, and multiple water features, creating a private backyard retreat designed for everyday enjoyment and entertaining. The outdoor kitchen is equipped with a grill, sink, side burner, refrigerator, and generous granite counter space. Tropical landscaping and pond views complete the setting.
Back inside, the primary suite is located off the dining area and overlooks the pool and pond. The room features vaulted ceilings, while the en suite bathroom includes a walk in shower, soaking tub, double sinks, and a spacious walk in closet.
Upstairs, a loft provides additional living space, along with three bedrooms and a full bathroom, giving the home a functional layout with room to spread out.
Located in the highly desirable Asturia community in Odessa, residents enjoy resort style amenities including a clubhouse, fitness center, resort pool, playground, dog park, and scenic walking trails. With convenient access to the Suncoast Parkway, SR 54, shopping, dining, and top rated schools, Asturia continues to be one of the most sought after communities in the area.
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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