392 PARK TRACE BOULEVARD
About This Property
Designed to capture its peaceful surroundings, the home features wide-open living spaces and large windows that fill every room with natural light. The floor plan includes four spacious bedrooms, three full baths, and a flexible office or den.
The open kitchen is a true centerpiece, with granite counters, stainless steel appliances, a walk-in pantry, and a large island ideal for gathering with family and friends. Soaring ceilings, crown molding, and rich flooring bring warmth and elegance throughout.
Step outside to your private lanai and take in the captivating lake views that first made the current owner fall in love with this home, a view you truly have to experience for yourself!
The sparkling pool and spa, enclosed in a recently redone cage, along with a fenced dog run or garden area, create an inviting space to unwind and relax. Plus, there is a 2.5-car garage that completes this exceptional property.
Also located minutes from Siesta Key Beach, boutique shopping, fine dining, and the top-rated Pine View School, this home delivers the serenity of the Gulf Coast with everyday ease.
392 Park Trace isn't just a place to live... it's a place to belong.
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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