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6911 RIVERSEDGE STREET CIRCLE
About This Property
The first-floor primary suite serves as a true sanctuary, offering a spacious retreat with elegant finishes and serene views. The home's intelligent design continues upstairs, where the flow of the floor plan ensures everyone has their own space. You will find four additional generous bedrooms upstairs, three of which feature their own private en-suite bathrooms and walk-in closets, providing a resort-like experience for family and guests alike. Architectural beauty shines throughout with soaring ceilings, custom millwork, a dramatic staircase, and plantation shutters that highlight the home's incredible scale.
Peace of mind is built-in with a new roof installed in 2022 and a new HVAC system from 2020. Situated on nearly three-quarters of an acre overlooking the 10th hole. The outdoor living space is a true resort-style retreat, featuring a sparkling swimming pool and spa, a fully equipped outdoor kitchen, covered lounging areas, an outdoor shower, and a convenient pool bath.
Living in The River Club means enjoying a deed-restricted community with low HOA fees and no CDD fees, all while being zoned for top-rated schools. This quiet, sought-after street offers a serene escape just minutes away from the shopping excellence of University Town Center, over 180 dining options within a three-mile radius, and the world-famous Gulf Coast beaches only 15 miles from your front door. With a massive three-car garage and professional landscaping, this property combines luxury and convenience in one of the most desirable locations in the Sarasota-Bradenton area. Your Florida dream starts right here!
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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.
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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 Manatee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017