971 LEEWARD ROAD
About This Property
KEY UPDATES INCLUDE:
- Roof (2022)
- Impact windows (2019)
- Water heater (2024)
- New electrical panel and wiring for fixtures/appliances (2019)
- New deep well (March 2025)
The property also features full front culverts, eliminating any ditches!
Spend your evenings watching the sunset on the front brick paver patio, complete with a retractable, remote-controlled sun shade. The interior boasts ceramic tile, wood flooring in the primary bedroom, an inside stackable laundry unit, and a Kinetico drinking water system (under the sink).
The South Venice Beach Community offers a variety of activities! You can take advantage of a private ferry that provides access to a secluded beach for just $200/yr (deeded to South Venice residents). There are no deed restrictions (NO HOA), allowing you to keep and launch your boat for $150/yr. If you're a kayak enthusiast, you can launch your kayak for only $100/yr. Join the South Venice Civic Association for $70/yr or the South Venice Garden Club for just $20/yr to stay engaged and informed. All of these opportunities are minutes from your door!
Conveniently located just a 5-minute bike ride from Shamrock Park and Nature Center. Enjoy picturesque views of the Intracoastal Waterway as you stroll or bike along the Venetian Waterway Trail, leading you to the Legacy Trail. Additionally, just minutes to charming and historic downtown Venice Island, known for its Mediterranean Revival architecture, local boutiques, fantastic restaurants, vibrant community events, pocket parks, and fabulous beaches, including Sarasota County's only dog beach!
Schedule your private showing today!
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Cap Rate Calculator
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