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3240 WALTER TRAVIS DRIVE
About This Property
Step inside to a flowing open floor plan filled with natural light, soaring ceilings, multiple pocket sliding doors to the outdoor, caged lanai and first class finishes throughout. The home features both formal living and dining rooms, adjacent to a stunning kitchen, breakfast area and great room with a cozy fireplace that opens effortlessly to the expanded lanai, creating a true indoor-outdoor living experience.
The updated kitchen is a chef's dream, featuring custom cabinetry, in drawer microwave, a wine refrigerator, and a spacious island perfect for entertaining. Plenty of cabinetry for storage of all your necessary cooking and entertaining items.
At the rear of the home find a spacious sun/play room which adds versatility for recreation, relaxation, or family gatherings, while a full-sized bar creates the ultimate "man cave," with custom woodwork, two beer taps, wine refrigerator, and more - ideal for hosting and unwinding in style.
The primary suite is a private retreat, separated from the main living area, complete with a remodeled bath featuring dual vanities and a walk-in shower. Four additional bedrooms provide flexibility as private guest rooms, offices, or extra sitting areas.
Outdoors, enjoy the oversized lanai with sweeping lake view, a pool and lush landscaping, along with multiple seating areas for relaxing or alfresco dining. The oversized three-car garage provides ample space for vehicles, storage and golf gear.
Located in one of Sarasota's most desirable golf communities, residents can enjoy access to two championship golf courses, tennis, pickleball, fine dining and a vibrant social calendar and membership is completely optional-all just minutes from world-class beaches, shopping, and cultural attractions. Luxury, lifestyle, and location come together seamlessly in this exceptional Laurel Oak residence.
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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.
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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 Laurel Oak Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017