6211 TIMBER LAKE DRIVE B12, Sarasota, FL 34243
Two-bedroom condo with pool and golf course views in Sarasota.
- Added:
- Nov 16, 2024
- Days on Market:
- 589
- Last Refresh:
- May 19 at 10:00 pm
Property Features for 6211 TIMBER LAKE DRIVE B12
General Information
- Standard status
- Active
- Size
- 1,178 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1986
Listing office COLDWELL BANKER REALTY (941) 232-8950
Listing date Nov 16, 2024
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY
HighLights
- Enjoy views of the community pool and Palm Aire Fairway from the great room and primary bedroom.
- Located in the Woodland Green community, ideal for vacation home, retirement, or golf enthusiasts.
- Eat‑in kitchen provides a cozy space for meals.
- Split floor plan maximizes privacy.
- End unit boasts nearly 14‑foot ceilings and abundant natural light.
- Assigned parking space with access to guest parking.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.4k | $23.28 |
| − Vacancy | −$1.5k | −$1.28 |
| EGI | $25.9k | $22.00 |
| − OpEx | −$11.7k | −$9.90 |
| NOI | $14.3k | $12.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Manatee
- State
- Florida
- Longitude
- -82.4816848
- Latitude
- 27.3933527