4577 Pine Green Trl 2

Sarasota, FL 34241
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3 bd, 2 ba | 2,655 sqft | Built in 1989

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List Price
$349,000

Initial Investment

$95,103

Purchase Price

$349,000

Down Payment

25%

Rent

$3,230

Total Return

$200,153

Annualized Return

27.7%

Cap Rate

7.8%

Gross Yield

11.1%

Cash Flow

$6,748

Appreciation

8.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

$52/mo

Flood Risk

Not Required

Discover this charming 3-bedroom, 2-bathroom split-plan villa in the desirable Hammocks IV community. Offering both comfort and functionality, this home boasts formal living and dining rooms, perfect for entertaining or relaxing. The kitchen features silestone countertops, a breakfast bar, a cozy café area, and laminate flooring, adding both style and durability. The inside utility room and attached 2-car garage provide added convenience. The primary bedroom, living room, and screened lanai offer tranquil views of a picturesque pond. Water supply piping replaced in 2021, eliminating a major future expense. Roof (2009) is covered by the association. Water heater replaced in 2019. Brand-new A/C unit installed in 2024. Primary bath has been tastefully updated. Hammocks IV is an active 55+ gated community with private roads and lush, mature landscaping. Enjoy access to a nearby golf course and the convenience of being close to Sarasota’s top amenities, including shopping, dining, and cultural attractions. This villa is in move-in condition, with furnishings available upon request. Don’t miss this opportunity to live in a well-maintained home within a vibrant community!

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$36,822

Expenses

-$7,951

Property Taxes

-$3,150

Loan Payments

-$18,973

Net Cash Flow

$6,748

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Rachel Tritschler
Agent License 0628561
RE/MAX ALLIANCE GROUP
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #A4630814
Last Updated: 12/02/2024 23:12
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