4378 OAK VIEW DRIVE
About This Property
Step inside to find soaring vaulted ceilings and a cozy fireplace anchoring the expansive living room, ideal for both everyday living and entertaining. Open to the main living areas, the generous kitchen features a center island and breakfast nook, offering ample counter space and room for gatherings. The oversized primary suite is a peaceful retreat, while the Jack-and-Jill bathroom seamlessly connects two additional bedrooms-perfect for children or guests. The 4th bedroom, situated next to the primary suite, would function perfectly as a nursery or home office.
Outside, enjoy year-round living on the screened-in porch overlooking your private pergola and tree-filled yard. Whether it's morning coffee or evening relaxation, this space brings the outdoors in.
The Lakes offers incredible amenities including two swimming pools, tennis courts, a playground, and clubhouse, all within a short stroll from your doorstep. This is a unique opportunity to live in a quiet, established neighborhood that feels like a retreat but is just minutes from Sarasota's top schools, dining, shopping, and beaches.
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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