5830 CAVANO DRIVE
About This Property
From the moment you step inside, you'll notice the elegant details, including tray ceilings, crown molding, and high-end laminate flooring paired with tile throughout. The gourmet kitchen is a true centerpiece, featuring stunning new quartz countertops, custom wood cabinetry, stainless steel appliances, and a spacious peninsula ideal for casual dining, morning coffee, or gathering with guests.
The open-concept layout flows effortlessly into the dining and living areas, creating an inviting space for entertaining. Natural light pours in through glass doors that lead to a generous screened-in lanai, where you can unwind while enjoying peaceful lake views right in your backyard. The outdoor kitchen, complete with a sink and stainless steel refrigerator, makes alfresco dining a breeze.
The spacious owner's suite is a private retreat, offering a large walk-in closet with professionally designed custom cabinetry. The ensuite bathroom features a dual granite vanity with a dedicated makeup area, along with a walk-in shower, custom glass enclosure, and built-in bench.
Designed with privacy in mind, the split floor plan places the additional bedrooms away from the primary suite. Each guest room is generously sized and well-appointed with quality finishes and ceiling fans. The versatile den provides the perfect space for a home office, library, or quiet reading room, and also offers a built in murphy bed.
Even the laundry room impresses, offering abundant cabinetry, a utility sink, and ample counter space. The garage has been thoughtfully upgraded with custom storage cabinets and overhead metal racks, maximizing organization.
Additional upgrades include hurricane shutters, a widened driveway, and an extended paver walkway. Recent improvements add peace of mind, including a water heater (2021), new HVAC (2025), and a new Bosch dishwasher and refrigerator (2026). This home is truly move-in ready.
Residents of Esplanade by Siesta Key enjoy resort-style amenities, including a beautifully appointed clubhouse, state-of-the-art fitness center, tennis court, pickleball court, and a stunning pool and outdoor living area. This gated, meticulously landscaped community offers a lifestyle of ease, elegance, and year-round enjoyment. *ALL information is believed to be accurate, but must be verified by the buyer and the buyer's agent*
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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%.
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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