7552 NIGHTHAWK DRIVE
About This Property
Welcome home to the Cedar, a stunning, open concept, single-story home.
Its layout includes three bedrooms, two full bathrooms, cafe an open-concept kitchen and great room, and a two-car garage.
The Cedar offers beautiful exterior elevations, giving your home a wow factor the moment you pull up in the driveway.
Entering the home is an elegant experience, walking into the long foyer. As you continue down the hallway, you are met by two bedrooms and a full bathroom off to the side.
A flowing, open-concept kitchen and great room awaits. Keep your guests mingling in the main living space with a cafe next to a large great room.
The great room flows to the outside with sliding glass doors opening to the outdoor space. Perfect for cool winter nights and moments of quiet reflection, the lanai is a wonderful place to enjoy Florida outdoor living.
The owner's suite resides off to the side with a luxurious walk-in closet built for ample storage, leading into a gorgeous owner's bath. Relax and elevate your owner's bath experience to create your own personal oasis.
The Cedar is a blend of taste and function.
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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 Sarasota
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017