10304 SE 41ST TERRACE
About This Property
Belleview, Florida. This centrally located home offers exceptional curb appeal with a stacked-stone facade, double leaded glass entry doors, side-entry two-car garage, and extended driveway. Inside, you are welcomed by a large open foyer leading to a formal sitting room or flex space with double doors and crown molding. The formal dining room features double French doors, tray ceiling, crown molding, designer chandelier,and elegant finishes including 5-inch baseboards throughout. The spacious family room showcases cathedral ceilings, a natural stone gas fireplace, and custom built-in arched nooks with additional cabinetry. The open kitchen offers granite countertops, maple cabinetry, stainless steel appliances, double stainless sink, large pantry, breakfast nook with wainscoting, and a breakfast bar accented with stacked-stone detail. The indoor laundry room includes additional cabinetry, deep utility sink, and Samsung washer and dryer only
one-year-old. The large primary suite features crown molding, tray ceiling, private access to the Lanai and pool area, dual vanities, jetted garden tub, Roman shower with seating, and a spacious walk-in closet. Three additional bedrooms are generously sized with tile flooring and ceiling fans. Guest bathrooms feature cultured marble countertops, maple cabinetry, and tiled tub/shower surrounds. Outdoor living is designed for entertaining with a solar-heated chlorine pool featuring a waterfall, birdcage enclosure, spacious deck area, mature landscaping, and a fully equipped summer kitchen with propane grill and refrigerator. Additional features include a fully fenced backyard, whole-home wired sound system, King security system, and pull-down attic stairs in the garage. Residents of Cobblestone enjoy a gated community atmosphere with a neighborhood park featuring swings, picnic tables, benches, and green space for gathering and recreation for the entire family!
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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%.
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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.
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About Belleview
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017