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5802 BROAD RIVER RUN
About This Property
Inside, the home offers comfortable living spaces with plenty of natural light and a practical floor plan designed for everyday living and entertaining. The kitchen provides a functional hub for the home, while the adjoining living and dining areas create an easy flow for gatherings with family and friends. The bedrooms provide comfortable private spaces, and the home offers the flexibility today's buyers are looking for.
One of the standout features is the installed solar panel system, providing the opportunity for significantly reduced electricity costs while adding energy-efficient appeal to the home. For buyers looking to reduce their dependence on traditional utility power, the solar system is a valuable feature that sets this property apart.
Located in Covered Bridge Estates, this home offers a convenient Ellenton location with easy access to shopping, dining, major roadways, I-75, Tampa Bay, Sarasota, Bradenton, and the Gulf Coast's many beaches and recreational attractions.
Whether you're looking for a full-time residence or a Florida home in a convenient location, 5802 Broad River Run offers the combination of location, lifestyle, and solar-powered energy efficiency you've been looking for. Don't miss the opportunity to make this Ellenton home your own!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017