5133 Serata DRIVE
About This Property
The open design is made complete with 2 bedrooms, 2 bathrooms and den plus countless upgrades, crown molding and baseboards and plantation shutters throughout!
The living room features a trey ceiling along with stacking glass doors. The interior was painted in 2022.
Enjoy the open gourmet kitchen featuring 42" cabinets, granite counter tops, breakfast bar, recessed lighting, tile back-splash & stainless-steel appliances & pull- out shelves.
The spacious dining room offers a transom window and chair rails. The private den makes a great flex space, it boasts double pocket doors,
transom window and built-in shelve unit.
Escape to the private main suite that includes lighted ceiling fan, trey ceiling, walk-in closet. The private main bath offers dual sinks, walk-in shower & a private water closet.
Entertain in a private extended screened lanai with a retractable sunshade and enjoy the Florida weather. Invisible fence installed on property for your dog.
This villa with a tile roof is located in Lakewood Ranch, the #1 multi-generational community where you will find A rated schools, medical facilities, abundance of dining and shopping options. A short drive to Sarasota, the Gulf beaches and the Tampa/St. Pete area. Visit www.Esplanadelwr.com for more information.
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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