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5126 SAVONA RUN
About This Property
The open-concept kitchen is designed for both everyday living and entertaining, featuring 48-inch cabinetry, under-cabinet lighting, a tile backsplash, pull-out shelving, and a large breakfast bar overlooking the spacious living and dining areas. Pocket sliding glass doors open to the extended screened lanai, creating seamless indoor and outdoor living while overlooking a peaceful, private backyard with plenty of room to relax or entertain.
The spacious primary suite offers a tray ceiling, custom closet organizers, and an ensuite bath with dual vanities and beautiful new quartz countertops. A separate den provides the flexibility for a home office, media room, or additional guest space. The laundry room includes additional cabinetry and a utility sink, while the garage features durable epoxy flooring.
Optional furnishings make this an ideal full-time residence, winter getaway, or investment property. A non-golf social membership is included, allowing you to enjoy Esplanade's exceptional resort-style amenities, including the lagoon-style pool, Bahama Bar, Culinary Center, fitness center, tennis, pickleball, bocce, scenic walking trails, dog parks, and a full calendar of social activities, all while enjoying lower fees than a golf membership.
Combining quality upgrades, a private setting, an extended lanai, optional furnishings, and outstanding value, this home is an exceptional opportunity to enjoy one of Lakewood Ranch's premier resort-style communities.
Be sure to click on the Virtual Tour link to experience the interactive 3D walkthrough and explore the home from the comfort of your computer or mobile device.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017