8312 Genoa BOULEVARD
About This Property
The spacious family room offers additional access to the patio, while an impressive study/office with double glass doors and a tray ceiling provides a sophisticated space for work or relaxation. The well-equipped laundry room includes plenty of countertop space, a sink, and ample cabinetry for storage.
Relax and rejuvenate in the oversized primary suite, which boasts a tray ceiling, abundant natural light, double glass doors leading to the patio, and two walk-in closets. The spa-like bath offers a large frameless glass walk-in shower and a soaking tub for ultimate relaxation. Two generous guest suites provide comfort and privacy, with one featuring a full bath.
Enjoy seamless indoor-outdoor living with disappearing pocket sliders that open from the great room to an outdoor oasis featuring a stunning pool and spa, covered seating areas, panoramic screen for unobstructed nature views of a lake, trees, wildlife, and preserves, built-in gas grill with hood, remote-controlled sun screen, and summer kitchen for alfresco dining. Additional highlights of the home include a Generac whole-house generator for peace of mind and a three-car garage with plenty of storage.
Residents of The Lake Club enjoy a wealth of amenities, including the expansive 20,000-square-foot Grand Clubhouse, featuring a state-of-the-art fitness center, banquet room, indoor/outdoor bar, restaurant, spa, yoga room, and billiards room. Residents can also stay active on the tennis, pickleball, and basketball courts or unwind by the resort-style pool. Parks and walking trails offer scenic escapes for nature lovers. The Lake Club's prime location offers easy access to everything Main Street at Lakewood Ranch, UTC, Nathan Benderson Park, Sarasota National Golf Course, downtown Sarasota, and world-famous beaches.
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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