3351 Mink ROAD
About This Property
Upon entering, you are greeted by an open floor plan and abundant natural light. The spacious living areas showcase elegant finishes and high-quality materials.
The gourmet kitchen features stainless steel appliances, custom cabinetry, and a large island. Each bedroom offers private access, ensuring utmost privacy. The luxurious bathrooms are meticulously updated, and the primary suite boasts a spa-like experience with a garden-like setting.
Walking through the pocket sliding doors you will experiece the gorgeous brand-new saltwater pool surrounded by beautifully landscaped grounds.
Centrally located, this home is just minutes from downtown Sarasota and the University Town Center. An extraordinary find for multi-generational living, entertaining, Airbnb, or a growing family on almost an acre and a half. A presentation book detailing all the work done will be provided for showings.
This unique opportunity blends the charm of a peaceful setting with the allure of a completely modernized home, making it a rare gem in the Sarasota 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%.
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