Beautiful, near beach "Beachview" custom home offering 3 bedrooms,
2.5 baths, private elevator, office and a NEW heated, salt water
caged pool with spa. This home has it all!! There is a living room
with volume/tray ceilings and a gas fireplace, with a new
anti-osprey chimney cap. Gourmet kitchen with pantry, granite
counters, custom rock backsplash, cook top, breakfast bar and
breakfast nook with glass wall with expansive views and formal
dining room with built-ins. Enjoy the spacious lanai overlooking
the golf course and lake, the lanai has all new electric hurricane
shutters. Large primary bedroom with wood floors, sitting area,
brand new office addition, 2 walk-in closets and the primary
bathroom offers double vanities, make-up vanity, glass walk-in
shower and soaking tub. The split floor plan allows for maximum
privacy for you and your guests. The guest rooms share a Jack &
Jill bathroom and have wood floors. The home has new all native
landscaping with an irrigation system. The metal roof is new and
has a heavy gage metal under the new solar panels that is a source
of electricity in the house to give you a lower electric bill each
month and heat the pool. New HVAC system and new whole house
propane generator. Two-car garage has new garage doors, new epoxy
floors and there is room for additional cars if parked in tandem
plus a golf cart. The lower level has new impact doors and windows.
Home has gutters. New mechanical additions to the home offer wifi
control such as the pool, HVAC, and garage doors. Being sold
Partially Furnished - NO antiques included. Enjoy Sanibel Island
living with a deeded beach access, great island location close to
restaurants & shopping with access to the semi-private golf course
that is undergoing a complete renovation.
Nutone system has not been used and is NOT warranted. Central
vacuum NOT warranted. Ice maker in Dining Room not working or
warranted.
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.
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