5511 PATANO LOOP
About This Property
The open-concept layout highlights a spacious kitchen with white quartz counter tops, stainless steel appliances, wood cabinetry, and a large center island that flows seamlessly into the main living and dining areas-ideal for entertaining. Ceramic tile runs throughout the main living spaces, while the bedrooms offer comfortable carpeting. The owner's suite includes a generous walk-in closet and a private bath with dual vanities. A screened lanai overlooks the lake, creating a relaxing outdoor space, and the laundry room is conveniently located near the two-car garage.
Residents of Trevesta enjoy resort-style amenities including a clubhouse, zero-entry pool with cabanas, fitness center, splash pad, playground, and scenic walking and jogging trails around the lakes. The community is centrally positioned with convenient access to I-75, I-275, US-41, and US-301, making it easy to reach Tampa, St. Petersburg, Bradenton, Sarasota, Lakewood Ranch, and nearby Gulf Coast beaches. Ideal for first-time buyers, seasonal residents, or investors looking for a well-maintained home in a vibrant community.
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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