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6602 VIRGINIA XING
About This Property
The spacious great room features soaring ceilings, rich dental crown molding, stunning ceramic tile flooring, and walls of glass that frame spectacular golf course views. The completely redesigned gourmet kitchen is a true centerpiece, offering deluxe white custom cabinetry, exquisite quartz and marble countertops, a designer sink, stainless steel appliances, a charming corner viewing window, and a sunlit breakfast area with a custom window seat.
The luxurious owner's retreat offers a tranquil bay window sitting area, large custom walk-in closet with built-ins, and a spa-inspired bath featuring upgraded cabinetry, stone countertops, frameless glass walk-in shower, and elegant designer finishes. The guest bath has also been beautifully updated with custom cabinetry and marble countertops.
Pocket sliding glass doors open to an incredible extended lanai designed for entertaining and relaxation, a true resort-style ambiance. The newly paved driveway and enhanced lanai add exceptional curb appeal and outdoor living space. Combined with the spectacular panoramic golf course views, this home delivers an unforgettable luxury lifestyle experience!
EXPERIENCE The University Park With its mature landscape and sprawling natural beauty, University Park is the premier master-planned community in the Sarasota area. Behind the secured, staffed entrance is an award-winning, resident-owned community featuring 27 holes of four-star rated golf, eleven lighted Har-Tu tennis courts, four pickleball courts, a fitness center, croquet, miles of tree-lined streets for walking or biking, and first-class dining. Also offered are numerous social activities and many social clubs designed to fit a variety of interests. Located only four miles from downtown Sarasota and its spirited arts community, museums, shopping, dining, and first-class healthcare, University Park is an oasis from the City but close enough to all amenities. It's only a short 15-minute drive to some of America's finest beaches, superb outdoor recreation areas, including the internationally renowned Nathan Benderson Park, the famed Ringling Museum, various boating options, and the acclaimed St. Armands Circle. University Park's breathtaking beauty is unmatched by any other.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017