9617 TURNING LEAF TERRACE
About This Property
Recent Improvements here include
New Roof Installed 11/2024
HVAC 2022: High-efficiency system with a transferable warranty.
Pool & Lanai: Recently resurfaced pool and refinished deck with a newer pool heater.
Power Security: Includes a whole-house generator for 24/7 reliability..
The open floor plan is built for entertaining, featuring expanded flex spaces that present more versatility than the standard model. The kitchen is outfitted with Zodiaq Quartz counters, newer stainless appliances, and upgraded cabinetry with crown molding matching the High-end finishes and architectural trim run throughout the home.
Located in a maintenance-provided area of Waterlefe, your monthly fees cover landscaping, exterior pest control, landscape bark, cable, and high-speed internet - plus a social membership at The Waterlefe River Club. Residents enjoy optional membership to a semi-private championship golf course, an optional private marina club on the Manatee River, a fitness center, multiple book clubs, an artists guild and the River Club restaurant - a true focal point for the residents to gather - located on the Manatee River.
This is your opportunity to secure a move-in ready home with major systems recently replaced in one of South West Florida's most sought-after gated Resort Style Communities. A hidden advantage here, it is also one of the original which saves the homeowner from CDD finance charges - that are included in the tax amount. It's time to join the #Lefelife - schedule your 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