755 EAGLE POINT DR (MLS: N6139176) For Sale

755 EAGLE POINT DR, (Sarasota), Venice Florida 34285

Currently Rented at $9,000.00 / month

Area: 8076

Property Info

  • MLS N6139176
  • Unit No -
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 8076
  • Living Area (sqft) 3556
  • Foundation Stem Wall
  • Min Lease Stem Wall
  • HOA Fees $491.67

Interior Features

  • Built-in Features
  • Ceiling Fans(s)
  • Crown Molding
  • Elevator
  • High Ceilings
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Split Bedroom
  • Stone Counters
  • Thermostat
  • Tray Ceiling(s)
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Wet Bar

Buy Price

$
$3,200,000.00

Rental Price

$
$9,000.00
  • Cap Rate
  • 2%
  • Gross Yield
  • 3.4%
  • Lease End Date
  • -

  • Rent Amount
  • $9,000.00

Cash Flow

Cap Rate2.0 Gross Yield3.4% Annual Rent$108,000.00 Property Taxes$38,059.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $108,000.00 $9,000.00 / mo $540,000.00 $9,000.00 / mo $1,080,000.00 $9,000.00 / mo
Estimated Expenses $38,059.00 $190,295.00 $380,590.00
Net Cash Flow $69,941.00 $349,705.00 $699,410.00
HOA Fees $5,900.04 $29,500.20 $59,000.40