3223 LALANI BOULEVARD
About This Property
The thoughtful split-bedroom layout ensures privacy, while the primary bedroom boasts a walk-in closet that'll make you wonder how you ever lived without all that storage space. But here's where things get really interesting – the fully fenced backyard is your own private retreat, complete with a screened porch for outdoor eating or relaxation and then a seperate custom fire pit area with handcrafted wood storage that practically begs for s'mores nights. Got a soft spot for farm-fresh eggs? There's even a cozy chicken coop tucked alongside the house, ready for your feathered friends to call home.
Location-wise, you've hit the jackpot in this top-rated Sarasota school district. Your daily errands become a breeze with grocery shopping nearby, while Colonial Oaks Park and Urfer Family Park offer endless outdoor fun for the whole family. Jump on the Legacy Trail nearby which stretches over eighteen miles of smooth pavement, perfect for morning jogs or sunset bike rides. Whether you're heading downtown for culture, hitting the shops, or making that quick trip to Siesta Key Beach, everything's wonderfully accessible. This well-loved home is simply waiting for its next chapter – and that could be yours. Schedule your private showing before this home become someone elses!
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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