4501 9th AVENUE E
About This Property
OWNER FOR SHOWINGS/OFFERS** BUYERS AGENTS WELCOME. Charming and updated
3 bedroom, 2 bathroom lakeview home on an expansive lot that is move in ready! This
home boasts an abundance of natural light, high ceilings, pull-down stairs in the spacious 2
car garage for extra attic storage, separate indoor laundry room, and ceiling fans
throughout. As you enter you will find open concept living with tile flooring throughout,
water views, neutral colors with fresh interior paint. The kitchen is beautifully designed with
sleek granite countertops along with ample counter space and cabinetry. Retreat to the
spacious primary suite with sliders to the lanai, complete with a private en-suite bathroom
with dual sinks and a step in shower, along with a walk in closet. This home is a split plan
with the guest bedrooms on the opposite side of the home for maximum privacy. A rear
screened spacious lanai offering serene lake views overlooks a huge back yard and pond.
With low HOA fees $36/month, no CDD fees, and no flood insurance this home offers
unbeatable value for the price. Centrally located within a quiet community where all the
amenities overlook the water. Community features a pool, volleyball and tennis courts, a
kayak launch, playground, two gazebos, BBQ grills, river front park and more. The home is
conveniently located less than 2 miles from I-75 near essential shopping such as Publix,
Walmart, Costco, Home Depot, new Super Target under construction as well as dining
options and banks. Only 30 minutes to the beach, downtown Sarasota, St. Petersburg, and
45 minutes to Tampa International Airport. This beautifully maintained property is ready to
become your home.
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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