841 W Baffin DRIVE
About This Property
Discover your dream home in the popular community of South Venice! All the "big stuff" has been taken care of for you. * NEW ROOF in 2024 * NEW WINDOWS 2022 * NEW HOT WATER HEATER 2023 * UPDATED ELECTRIC PANEL * A/C 2016 * WATER SOFTENER SYSTEM * All of this with no HOA restrictions- perfect for parking your RV or boat right at home.
Step inside to find an updated galley kitchen featuring sleek granite countertops, a double sink, and stainless steel appliances. The heart of the home is the spacious, sunlit FAMILY ROOM, where French doors open to the serene backyard-a perfect space for relaxing or entertaining.
Practical and ready for Florida living, this home is on well and septic with a NEWLY INSTALLED DRAIN FIELD AND LIFT STATION. There is plenty of space here, including TWO WALK-IN CLOSETS plus the garage provides additional storage, while gutters and awning-style storm shutters offer protection from the elements.
For those who love the outdoors, enjoy access to a community boat ramp and, for a small optional fee, take advantage of a private ferry to a secluded beach.
This home has it all-modern updates, space for your outdoor toys, and easy access to the Florida lifestyle.
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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