525 Cypress ROAD
About This Property
The open-concept living area features modern porcelain tiles, a beautiful coffered ceiling, and a cozy fireplace. A large sliding door seamlessly connects the interior to the spacious lanai and backyard, creating a harmonious flow between indoor and outdoor living. The kitchen is a home chef's dream, offering accent herringbone backsplash, spacious quartz countertops, and stainless steel appliances. Modern light fixtures add a touch of chic to this culinary space, making it an ideal setting for both everyday meals and entertaining guests.
The bedrooms offer a cozy retreat with vinyl flooring and spacious closets. The oversized bathrooms showcase large format tiles, glass enclosures, and a rejuvenating rain shower in the master bathroom – a perfect retreat after a long day.
Practical features abound, including an oversized laundry room, full gutters, water filtration, and a well and septic system. To underscore the quality of construction, this property comes with a 10-year structure warranty, offering assurance and confidence in your investment. Safety is paramount with hurricane-impact windows, providing not only security but also contributing to lower insurance estimates. Elevated above flood zones, this home is strategically designed to ensure peace of mind.
Situated on a fenced-in corner lot, this property is designed for outdoor living, with enough space to place a pool. Pavers in the front and back enhance the curb appeal.
Don't miss the opportunity to make this exceptional property your home. Schedule a private viewing today and experience the pinnacle of contemporary Florida living in Venice, FL.
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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