4653 La Jolla DRIVE
About This Property
Upgrades include impact windows and A/C in 2019. New lighting and all new paint in 2020. The oversized garage has plenty of room for a golf cart and storage. Buildings currently being painted outside adding to the well kept feeling as you drive through this small dead end street.
Community pool, close to Golf, Airports, Sarasota and the beaches of Anna Maria Island. This villa would be perfect for a seasonal home, primary residence or investment. There is no time wait to rent. There is currently a tenant, paying 1700.00 until lease ends Oct.31st. Current rents per company should be $1900-2100 per month.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2021 | Sold | ||
| Sold | |||
| Apr 5, 2021 | Listed by DUNCAN REAL ESTATE, INC. | $299,000 | |
| Listed by DUNCAN REAL ESTATE, INC. | |||
| Jan 14, 2020 | Sold | ||
| Sold | |||
| Jan 4, 2020 | No longer available | - | |
| No longer available | |||
| Nov 1, 2019 | Listed by DUNCAN REAL ESTATE, INC. | $265,000 | |
| Listed by DUNCAN REAL ESTATE, INC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017