382 BOB WHITE DRIVE
About This Property
Set on a deep-water canal with 100 feet of water frontage, the property features a new dock and platform lift, ideal for the boating enthusiast. A large outdoor living space invites you to relax and entertain, taking full advantage of Sarasota's year-round sunshine and stunning waterfront views.
The home's elevated position and impeccable condition offer peace of mind, with no flooding issues during recent storms. Bird Key is celebrated for its exclusivity, privacy, and proximity to Sarasota's world-class dining, shopping, and cultural attractions. This home offers the ultimate waterfront lifestyle in a truly prestigious location. An extensive feature sheet is available upon request.
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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