9615 16th CIRCLE NW
About This Property
As you step inside, you'll be greeted by a grand foyer that leads to an open-concept living space, perfect for entertaining and family gatherings. The gourmet kitchen is a chef's delight, featuring GE Cafe and Samsung stainless steel appliances, quartz countertops, dry bar with wine cooler, solid wood custom cabinetry, and an expansive island that seats 8. The adjacent dining area and living rooms open up to a large screened in lanai, creating a seamless blend of indoor and outdoor living.
The luxurious master suite is a true retreat, complete with a spa-like en-suite bathroom featuring a soaking tub, Roman shower, dual vanities, and dream walk-in closet. Five additional generously-sized bedrooms offer ample space for family, guests, or a home office. Each bathroom is tastefully designed with modern finishes.
Outside, the home is a nature lover's paradise. Enjoy morning coffee or evening cocktails on the spacious patio while taking in the sights and sounds of the adjacent Palma Sola Botanical Gardens. The extensive back yard is a tropical oasis providing plenty of space for outdoor activities, soaking up the sun, bird watching, gardening, or even adding your dream pool!
Additional features of this exceptional home include an expansive two-car garage with additional space for a golf cart, a dedicated office/den, a large laundry room, custom closets, ceiling height cabinetry, plantation shutters on all windows, Bose speaker system on the lanai, outdoor kitchen, large attic with pull down stairs, abundant storage throughout, and new sod not installed at time of photos.
Convenient to shopping, dining, and all that the Florida lifestyle can offer! This incredible property is just .4 miles from beautiful Robinson's Preserve providing 600+ acres of unspoiled nature, with over 9 miles of hiking/biking paths, kayak and canoe waterways, 2.5k rubberized pedestrian-only trail, bridges, picnic spots, mangrove forests and a 53-foot-tall tower with a wide-open view of the Tampa Bay area. The Tides End community is a short 7 mile drive to the world-renowned, pristine beaches of Anna Maria Island, 6.5 miles to Historic Downtown Bradenton, and 14 Miles to the Sarasota airport. Don't miss the opportunity to own this unique property that combines luxury and lifestyle in "The Friendly City"! Schedule your private showing today and experience the magic of living in this unique community.
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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