5823 MCKINLEY ROAD
About This Property
Inside, an open floor plan connects the living, dining, and kitchen spaces, perfect for both entertaining and everyday living. Split floor plan ensures privacy for you and your guests. The spacious primary suite offers a large bedroom with direct access to the pool, walk-in closets, and a luxurious master bath with dual vanities and a Roman-style walk-in shower. The two additional bedrooms share a full bath, ideal for guests or family. The owner has adapted the 3 bedroom to function as a cosy den, giving great flexible space.
Step outside to the screened lanai and enjoy the sparkling heated pool (new pool heater 2024) and relaxing outdoor living area, perfect for Florida's year-round sunshine. The three-car garage and paved driveway provide ample parking and storage space.
Conveniently located near shopping, dining, golf, and Venice's beautiful Gulf Coast beaches, this home combines comfort, updates, and a prime location. NO CDD, LOW HOA in a beautifully maintained community.
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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