4452 Conchfish LANE
About This Property
With its 4 large bedrooms, 2 and 1/2 baths, ground floor den with double French doors, and oversized 3 car garage, this beautiful open-plan 2 story home is spacious, has plenty of storage, is move-in ready, and priced to sell. The master bedroom features a double door entry, a large walk-in shower, luxury garden tub, and grand walk-in closet.
The Chef of the home will absolutely love the gourmet kitchen's beautiful exceptionally large island, luxury granite countertops, upgraded 42" Sonoma painted linen cabinets, beautiful backsplash, large walk-in pantry, and stainless steel appliances. What an incredible space for family gatherings and entertaining friends.
With this home being built in 2017, the roof and AC are still newer and in good condition. And HOA fees are low at only $122 per month.
Completing this home is a spacious 19'x9' covered lanai with an oversized backyard, providing plenty of room for a pool. In addition to highly rated Sarasota County Schools, parents will enjoy being only minutes away from Pine View School, rated in the top 10 of schools in the county.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017