767 FORDINGBRIDGE WAY
About This Property
The great room features floating shelves, an electric fireplace, and walls of glass sliders that open to a serene, screen-enclosed pavered patio overlooking private natural surroundings-ideal for morning coffee or evening relaxation. The gourmet kitchen was completely updated in 2022 and includes quartz countertops, a center island with seating, tile backsplash, walk-in pantry, and stainless-steel appliances, seamlessly connecting to the dining and living spaces.
The primary suite is privately positioned and offers a sitting area, direct patio access, dual closets, and a renovated en-suite bath. Two additional guest bedrooms share a full bathroom, while a dedicated office or study provides flexibility for remote work or hobbies. A well-appointed laundry room with built-in cabinetry completes the interior layout.
Recent enhancements include a newer air-conditioning system and storm protection throughout, featuring shutters on all openings, a roll-down shutter at the front entry, and a hurricane screen for the patio.
Rivendell is a deed-restricted community spanning approximately 400 acres of preserves, ponds, and walking paths. Residents enjoy a community pool, playground, parks, gazebo, and sidewalks that connect the neighborhood. Just beyond the gates, Oscar Scherer State Park and the Legacy Trail offer miles of outdoor recreation, while nearby golf courses, shopping, dining, and Sarasota's white-sand beaches provide endless lifestyle options.
This well-located home combines natural surroundings, modern updates, and access to some of Sarasota County's most desirable amenities-an inviting opportunity in a celebrated community.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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