7313 CRAPE MYRTLE WAY
About This Property
The crown jewel of this property is its enormous pavered lanai and pool area. Mature landscaping frames the pool area, creating a private, resort-like atmosphere. Designed for year-round enjoyment, the heated sparkling pool and spa is completely enclosed & yet ensconced within the natural tropical landscaping of its surroundings. On any typical Florida day you will have opportunities to admire wild heron, rabbits, deer, and other stunning wildlife while sipping morning coffee or an evening nightcap. Whether hosting gatherings or unwinding in solitude, this outdoor haven elevates Florida living to new heights. Entertaining made easy: Swimming, grilling, billiards, or relaxing while watching multiple TVs . . . this space has it all.
The gated community of Bent Tree Village is within close proximity to top-rated schools, shopping, golf course & other recreational spots, making this home ideal for families. Minutes from Sarasota's cultural hubs, beaches, and dining, yet secluded enough to feel like a private retreat.
The estate embodies the essence of Florida living. The combination of indoor sophistication and outdoor grandeur positions it as a rare find. For buyers seeking a property with room to grow, invest, or simply savor life, this home delivers. The solar powered residence allows for an indulgent and yet responsible lifestyle.
Capitalize on the area's soaring values, prime location, and unparalleled amenities, 7313 Crape Myrtle Way is more than a home-it's the life you've always dreamed of. Whether you're drawn to its investment potential or the promise of sunset dips in your private pool, this property invites you to experience beach community living at its finest.
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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