1093 Fergus LANE
About This Property
Approaching the property, the well-manicured lawn sets the stage for the pride of ownership that permeates the neighborhood. With a low annual HOA fee of $165, you'll enjoy the perks without breaking the bank. Rest easy knowing this home is not in a flood zone, offering both comfort and security.
Step inside through the impressive front door to discover a haven of style and comfort. The ceramic plank tile flows through the living spaces, creating an air of sophistication. Plush carpet in the bedrooms adds a touch of luxury, making every step a pleasure.
The open floor plan is the heart of the home, with the kitchen taking center stage. Granite countertops, stainless appliances, and a great pantry space make this a chef's delight. The formal dining area and a cozy eat-in kitchen nook provide versatile spaces for entertaining or quiet family dinners.
The master suite is a true retreat. Jack and Jill closets offer ample storage, and the master bath boasts a separate shower and vanities. Vaulted ceilings and accordion doors leading to the lanai elevate the master bedroom to a sanctuary of tranquility.
Emphasizing versatility, the den/bonus room offers endless possibilities. Whether used as an additional bedroom (french doors could easily be added for privacy, an office, game, or craft room, this space adds unique value to the home. Currently, the room has accordion/retractable doors installed to give separation if needed.
Step outside to discover a custom above-ground swim spa on the pavered lanai, extending the entire width of the home. A drop-down bar area around the spa adds to the ambiance, creating your private oasis.
Practicality meets luxury with hurricane shutters/impact windows, an irrigation system, and a pre-wired generator for added peace of mind. The convenience of in-house laundry adds to the practicality of this home.
But it's the backyard that truly sets this property apart. Overlooking a greenbelt, you'll enjoy unobstructed views and privacy. The greenbelt transforms with rain, offering a unique bird watching experience with Florida's most beautiful waterbirds. The west/nw orientation guarantees stunning sunsets, making evenings on your lanai an everyday indulgence.
This is more than a house; it's a lifestyle upgrade. Don't miss your chance to experience the epitome of Florida living-schedule a viewing today!
One more thing: This home has a VA assumable mortgage; Sellers are open to the buyers (must be VA member and can assume on, on buyers own VA benefits) utilizing this type of financing.
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Cap Rate Calculator
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | Price Decreased |
$440,000
↓ $60K
(12%) | |
| Price Decreased | |||
| Feb 2, 2024 | Price Increased |
$499,900
↑ $35K
(7.5%) | |
| Price Increased | |||
| Feb 1, 2024 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017