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715 THISTLELAKE DRIVE
About This Property
Enjoy the Florida lifestyle in the highly sought after Lakes of Jacaranda, featuring a clubhouse with year-round social activities, junior Olympic pool, tennis & pickleball courts & scenic trails. Centrally located near historic downtown Venice, Gulf beaches, sunsets, fishing, golf courses, & the Atlantic Braves spring training stadium, this truly offers the best of Southwest Florida living. Low HOA fees, no CDD fees, & no required flood insurance make this exceptional property even more attractive. Some photos have been virtually staged.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017