10490 Old Grove CIRCLE
About This Property
A bright dinette with aquarium windows overlooking the pool makes every-day meals a pleasure. The dining room is extra-wide so your buffet or china cabinet will have lots of room. (See the floorplan in the photos.) A split bedroom floorplan features a private master bedroom suite with two closets - one of which is a walk-in with built-in cabinetry. The master bath offers dual sinks, a large soaking tub, and updated roman shower. Two guest bedrooms with a shared bath round out the living area. You'll enjoy Florida's sunshine from your covered, shaded lanai and when you're ready for some sun, just ease into your beautiful, sunny pool for some well earned 'R and R'. The backyard is completely fenced, so your pets can roam free. Greenfield Plantation is a wonderful community located across the street from the boundaries of Lakewood Ranch. That means no CDD fees, and the HOA Fee of only $485 per year makes this community one of the most affordable in the Lakewood Ranch area. Top-rated elementary and middle schools allow children to walk or bike to school just like we did when we were kids! You'll be able to walk to the well-maintained Links at Greenfield Plantation golf course that winds through the community. As a public golf course independent of Greenfield Plantation, homeowners pay no mandatory golf fees. Don't wait to build, enjoy a significantly lower purchase price, low HOA fees averaging only $41 per month, low insurance with a brand-new roof with secondary moisture barrier, and significantly lower property taxes with no CDD fee attached to them. The attached Virtual Tour is an actual virtual-tour (not just a slide show) where you can "walk" through the house with your mouse.
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What does this mean?
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 20, 2025 | Listed | $549,900 | |
| Listed | |||
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Welcome to this BEAUTIFUL home that immediately catches your eye with its open design. Upon entering, you're greeted by an expansive layout which seamlessly leads to a covered lanai and a SPARKLING POOL beyond. The thoughtfully designed SPLIT FLOOR PLAN situates provides privacy for the owner. The master en-suite has dual sinks, a large soaking tub and a Roman shower. The Master bedroom has two closets, one of which is a large walk-in with CUSTOM BUILT-INS. At the heart of the home lies a centrally located GORGEOUS KITCHEN with stunning SPARKLING STONE COUNTERTOPS and beautiful backsplash tiles, equipped with a new natural gas range, a center island with breakfast bar counter-height seating for 3-4, lovely WHITE CABINETS, a pantry, and an influx of NATURAL LIGHT from strategically placed windows. The spacious formal dining room, great room, and bright dinette with AQUARIUM WINDOWS overlooking the pool make this home perfect for entertaining. For outdoor gatherings, the adjoining lanai offers a PRIVATE BACKYARD OASIS with a SPARKLING POOL, comfortable seating areas, lush vegetation, and low-maintenance PVC fencing so your pets can have fun in the backyard. SIGNIFICANT UPGRADES over the past three years include a NEW ROOF, NEW HVAC system, NEW POOL HEATER and pool/lanai resurfacing, new deep sink in laundry, new bathroom toilets/fixtures/lighting, and new flooring in the living/dining rooms. The new BLACKSTONE GAS GRIDDLE is staying with the house as a bonus! The furniture is available on a separate contract. Located in a friendly community surrounded by the highly rated LINKS AT GREENFIELD PLANTATION GOLF COURSE, which is a pay-as-you-play GOLF COURSE so residents enjoy the benefits of golf community living without mandatory memberships. The community's proximity to elementary and middle schools, accessible via sidewalks without leaving the neighborhood, adds to its appeal. Additionally, its close proximity to LAKEWOOD RANCH offers the advantages of nearby amenities without the associated high fees. With a LOW HOA fee of only $500 per year and NO CDD FEE, this home is conveniently located just two miles east of I-75, providing easy access to all the area has to offer which includes the brand new development underway which includes Costco, Target, multiple restaurants and shops.
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| Nov 23, 2022 | Sold | ||
| Sold | |||
| Sep 8, 2022 | Listed by FINE PROPERTIES | $495,000 | |
| Listed by FINE PROPERTIES | |||
| May 9, 2017 | Sold | ||
| Sold | |||
| Jun 3, 2011 | Sold | ||
| Sold | |||
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About Manatee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017