8013 STIRLING FALLS CIRCLE
About This Property
Life here extends beyond your front door. Freshly painted inside. Enjoy a walk through the neighborhood, connect with neighbors, or take part in community activities at your own pace. Lakeridge Falls offers a welcoming setting for those who appreciate both quiet time at home and opportunities to stay active and involved.
Located near University Parkway, the community puts everyday essentials within easy reach, with shopping, dining, and grocery stores nearby. Explore the shops and restaurants at University Town Center, spend an afternoon enjoying downtown Sarasota's arts and cultural attractions, or head to the area's renowned Gulf beaches. Sarasota Bradenton International Airport and I-75 are also conveniently accessible, making travel and visits from family and friends easier.
Discover the comfort, community, and convenience that make Lakeridge Falls a desirable place to call home. Schedule your private showing today.
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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