4316 RED BANKS LANE, Bradenton, FL 34208
Spacious 3-bedroom, 2.5-bathroom townhome with a 1-car garage.
- Added:
- Nov 15, 2024
- Days on Market:
- 591
- Last Refresh:
- May 20 at 1:36 am
Property Features for 4316 RED BANKS LANE
General Information
- Standard status
- Active
- Size
- 1,464 SF
- Lot size
- 0.04 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2025
Listing office D.R. HORTON REALTY OF SARASOTA (941) 367-2571
Listing date Nov 15, 2024
Source Exitrealty
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HighLights
- Up to $20,000 towards closing costs and special interest rates (with preferred lender, limited time offer).
- Move‑in ready new construction built in 2025.
- Features 3 bedrooms and 2.5 bathrooms.
- Enjoy the open‑concept kitchen and living area.
- Primary bedroom with walk‑in closet and en suite bathroom with double‑bowl vanity.
- Upstairs laundry room.
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 | $34.1k | $23.28 |
| − Vacancy | −$1.9k | −$1.28 |
| EGI | $32.2k | $22.00 |
| − OpEx | −$14.5k | −$9.90 |
| NOI | $17.7k | $12.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bradenton
- County
- Manatee
- State
- Florida
- Longitude
- -82.5343
- Latitude
- 27.4788