5087 Flag STREET
About This Property
Step inside to an open-concept living area filled with natural light and enhanced by high-end finishes. The gourmet kitchen features sleek countertops, stainless steel appliances, and a spacious island, making it a central hub for gatherings.
The master suite is a peaceful retreat, complete with a spa-inspired en suite bathroom and a generous walk-in closet. A second bedroom, as well as the versatile bonus/flex space, offers plenty of room for guests, a home office, or even a gym.
Outside, the expansive lanai is perfect for enjoying the Florida lifestyle. Whether it's lounging or dining al fresco, this outdoor space offers a private, low-maintenance retreat without the upkeep of a traditional backyard.
The Enclave at Forest Lakes offers a serene setting with sidewalks and green spaces, all while being conveniently located close to top-rated schools, shopping, and dining. Nearby amenities include beautiful parks, golf courses, and a range of cultural attractions.
This home is a perfect blend of luxury, convenience, and modern living. Don't miss the opportunity to own a stunning property in a prime Sarasota location. Schedule your showing today!
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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