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649 SAUSALITO BOULEVARD
About This Property
The main living area is centered around a floor-to-ceiling stone fireplace, creating a warm and distinctive focal point. Nearby, the tiled dining area connects easily with the rest of the home, while windows and sliding glass doors bring in natural light. The kitchen offers white cabinetry, generous counter space, a range, built-in microwave, and dishwasher. The primary bedroom includes an ensuite bathroom and walk-in closet for added privacy and storage.
Outdoor living includes a screened patio overlooking the fenced backyard, along with an additional covered wood deck. These areas provide flexible space for relaxing, entertaining, gardening, or creating a more finished outdoor retreat. The home's layout and existing features offer a solid starting point for renovation and personalization.
Located in the Sausalito Shores community near Lake Howell, the property is conveniently situated near State Road 436 and Red Bug Lake Road, with access to shopping, dining, services, and surrounding areas of Casselberry. With its practical floor plan, outdoor spaces, and convenient location, 649 Sausalito Blvd offers a great opportunity for buyers looking to put their own touch on a home.
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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