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3508 SCRUB CREEK RUN
About This Property
Designed for both everyday living and effortless entertaining, the open-concept floor plan showcases serene water views, a generous living area, and a chef's kitchen featuring stainless steel appliances, a gas cooktop, and an oversized island that flows seamlessly into the main living space. A versatile flex room just off the kitchen can easily serve as a formal dining room, sitting area, or home office.
Step outside to your extended, enclosed lanai where a refreshing pool and spa, complete with Pentair Easy Touch System, new pump, heater, and filter, all with warranties, and LED lighting create the perfect setting to relax and enjoy the peaceful waterfront backdrop.
Upstairs, you'll find 5 additional spacious bedrooms-including the luxurious primary suite-along with a bonus room and conveniently located laundry room, all with new carpeting. The primary suite offers an over-sized walk-in closet and a spa-inspired bath with dual vanities, a soaking tub, and a separate shower.
The private Next Gen suite features its own entrance and includes a comfortable living area, kitchenette with breakfast nook, washer and dryer, a generously sized bedroom with new carpet, walk-in closet, full bath, private lanai entrance, and a dedicated one-car garage.
Custom built-ins, fresh interior paint, custom overhead storage systems in both garages, ceiling fans, and EverLights® permanent outdoor lighting add both style and year-round convenience to this thoughtfully upgraded home.
Located in the highly desirable gated community of Savanna at Lakewood Ranch, residents enjoy resort-style amenities including a clubhouse, fitness center, resort-style pool, playground, dog park, basketball court, and scenic walking trails.
Ideally positioned just minutes from A-rated schools, upscale dining, and premier shopping, this home also offers convenient access to the stunning Gulf Coast beaches of Anna Maria Island and Siesta Key-both renowned for their white sand and crystal-clear waters.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017