3455 Anglin DRIVE
About This Property
This enviable location is minutes from the Siesta North Bridge and offers quick access to downtown Sarasota's urban and cultural amenities, entertainment, dining, and shopping. Visit Shell Road Beach, just 6/10 of a mile away to watch the sunset or take a short stroll to Patterson Park to enjoy the boating activity on the Intracoastal and the views of downtown. Sarasota city limits offers flexibility for short-term rentals. Enjoy the best of both worlds with this Siesta Key lifestyle! This is a must-see!
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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