682 ROANOKE ROAD
About This Property
Step through the screened front entry and into a bright, airy space where easy living comes naturally. This 3-bedroom, 2-bath charmer has a new roof (2022), so you can relax and focus on enjoying the good stuff - like your spacious backyard, perfect for morning coffee, weekend barbecues, or tossing a ball with the dog.
With no HOA or CDD, you're free to park the boat, add a shed, or create your own backyard oasis. The location couldn't be better - a quiet street in Venice Gardens, just minutes from downtown Venice, local shops, and those famous sandy beaches.
Cute, comfortable, and full of personality - this is Florida living with a laid-back twist.
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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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About South Venice
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COLDWELL BANKER REALTY
Last Updated: 10 months ago
Data Source: Stellar MLS, MLS# A4669392
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