4255 Charing Cross ROAD
About This Property
***This is an occupied home do NOT try and walk around the home without a confirmed appoitment with your REALTOR® ***
It is as though Selby Gardens is in your own back yard! This very special four bedroom, three bath pool home with a two-car garage is fantastic for entertaining! The wow factor begins at the entrance as you step in the door and take in the open vaulted ceilings and spectacular view of the back yard through the two-story wall of windows. The kitchen is open to the great room and has a massive center island with seating for your guests. The home features a first-floor owners suite along with an additional guest room/office. The second floor has two bedrooms connected by a dual entry bathroom. The private pool is an oasis, nestled among tropical foliage for the ultimate Florida lifestyle. As the old saying goes, location, location, location! Located in friendly Bent Tree Village community off Bee Ridge Road, you'll have easy access to I-75, downtown Sarasota and Lorraine Road. This home has two A/C units; one was replaced in 2017 and the other in 2020. New roof will be paid for by the seller.
Prelisting inspection has been done and the summary report is aviavable per 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