4614 Trento PLACE
About This Property
The Esplanade lifestyle includes a brand-new Wellness Center with a full spa, salon and cafe, and a state-of-the-art fitness center. On-site tennis, pickleball, bocce ball and bark parks offer plenty of opportunities to meet up with friends as does the Bahama Bar and Grill. Coming soon is the Culinary Center with fine dining, cooking classes and wine tastings. Onsite concierge services and a lifestyle director offer access to a wide array of activities, events and travel exclusive to homeowners. The 18-hole golf course, aqua driving range, and pro shop round out the amazing golf amenities. This home is a non-golf property, but golf is available on a pay for play basis.
Lakewood Ranch offers lively town centers and an upscale mall, 150 miles of trails and parks, a farmer's market, family events, and just a short drive away is Sarasota with great restaurants, a variety of cultural and sporting events and our beautiful, world-famous beaches. Welcome to Paradise!
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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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About Lakewood Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017