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881 PINTO CIRCLE
About This Property
Inside, soaring vaulted ceilings, expansive windows, beautiful Saltillo tile floors, and a cozy wood-burning fireplace create a warm, inviting atmosphere. Spacious bedrooms, custom built-ins, and an open layout make everyday living effortless.
Unwind on the oversized screened lanai overlooking peaceful wooded surroundings with no rear neighbors. Additional highlights include an oversized two-car garage with workshop space, city water, and a deep irrigation well.
THE BONUS? An existing 2.5% assumable mortgage! A potentially incredible financing opportunity for qualified buyers, subject to lender approval and assumption terms.
Just minutes from Nokomis Beach, shopping, dining, golf, and Sarasota Memorial Hospital – Venice.
Over an acre. No HOA. Exceptional privacy. A 2.5% assumable mortgage. Opportunities like this are hard to find!
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