4251 WORDSWORTH WAY
About This Property
At the back of the home, you'll love the west-facing orientation - perfect for enjoying stunning sunsets. The 28-foot-wide screened lanai is the ideal outdoor retreat, enhanced with retractable sun shades for your comfort year-round.
This home has been thoughtfully updated with hurricane-impact windows, an impact garage door, and a whole-home surge protector. Important systems have already been taken care of: roof (2019), AC (2017 with regular maintenance), water heater (2015), re-pipe (2009), plus a new irrigation pump and vent cleanings in 2024. Move in with peace of mind knowing the big-ticket items are done.
Perfectly located, you're just minutes from Venice's world-class golf courses and Gulf beaches like Manasota Key, Venice Beach, and Nokomis Beach. Downtown Venice offers charming shops and dining, while the Wellen Park District provides even more restaurants and entertainment. Sarasota Memorial Hospital is nearby for top-rated healthcare. Spend your evenings at the Venice Jetty watching dolphins play and boats cruise by. This home truly delivers the full Florida lifestyle.
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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%.
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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