5331 Title Row DRIVE
About This Property
This popular St Thomas floorplan with 2 car garage welcomes you the moment you drive into the paver driveway. Enter the home with 10 foot plus ceilings and take a look at all of the hand-picked upgrades and options this home has to offer.
The den/study looks over the front of the property has ceiling fan, double windows and French doors.
White cabinets and granite counters and stainless steel appliances grace the kitchen. A large pantry with frosted door and custom backsplash accents the beautiful color scheme of this home.
Combination dining room and great room is huge and features painted beams along the cathedral ceilings. Sliding doors access the screened lanai with fan and large rear yard. There is plenty of space for additional outdoor living space and a pool. The lanai is ready for relaxing being prewired for tv and cable.
Step into the primary bedroom! This large space has lots of light with the additional of decorator square windows on accent wall and decorator ceiling beams. En suite bathroom has decorator cabinetry with dual vanities, large walk in shower with gorgeous tile and separate toilet area. Linen closet has shelving to hold bath essentials. The walk in closet is a WOW! Custom closet system has shelving, shoe racks and drawers.
Guest bedrooms are spacious with ceiling fans and plantation shutters. Hall bathroom with white cabinetry, walk in shower and custom glass doors also has a linen closet for extra storage.
Laundry room includes cabinetry and washer and dryer.
Decorator ceiling fans and light fixtures, eight foot doors and custom plantation shutters are throughout. All doors and windows are impact rated. All floors are tile; there is no carpet in this home. Two car garage has built in storage shelves and epoxy floor coating.
Bond portion of the CDD has been paid off.
Legends Bay is a gated community located only 6 1/2 miles from the beautiful Gulf beaches of Florida! Drive your golf cart within the community or to play at BTC Tennis or IMG Golf Club. IMG Academies is just a short drive away. Sarasota/Bradenton Airport is 10 minutes away and downtown Sarasota with exciting entertainment venues and restaurants is just 10 miles. Nearby downtown Bradenton offers local events, dining and waterfront excursions.
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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 Legends Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017