11100 141st WAY
About This Property
This stunning home, located in a high and dry no-flood zone, offers peace of mind with its elevated 48 ft above sea level position. Boasting a spacious and thoughtfully designed split floor plan, this 4-bedroom, 3-bathroom pool home sits on an oversized landscaped corner lot spanning over 1/4 acre. With recent updates and meticulous care, this home is truly a gem.
Step inside to find new (2023) luxury vinyl plank floors throughout, a beautifully updated kitchen featuring gorgeous granite countertops, solid wood cabinets, and a huge extra-large pantry. The newer dishwasher and disposal add a modern touch, while the formal dining and living rooms offer ample space for hosting guests. The large family room with built-in shelves and a wood-burning fireplace is the perfect spot for cozy gatherings.
The master suite features a brand-new en-suite bathroom with a luxurious walk-in shower, and the updated bathrooms (2023) throughout the home add a modern flair. Plus, with updated energy-efficient vinyl windows and new roof (2023), you can enjoy comfort and efficiency year-round. Virtually every window is ensconced in beautiful white customer-made Plantation Shutters! HVAC was replaced in 2022 and Water Heater in 2020! Lanai rescreened in 2024! New Garage door opener in 2024!
Entertain in style with the home's 1863 square foot screened lanai that includes a gazebo, perfect for dining or relaxing, and a huge 33' x 15' in-ground pool (New Pump in 2024) for fitness or play! Whether it's a quiet evening or a lively outdoor party, the lanai is wired for speakers to set the mood. Plus, there's a large storage shed for all your outdoor essentials.
Enjoy the convenience of a deep well irrigation system (pump replaced in 2023), a security system that is ready to be activated, and tons of storage space, including attic space above the garage. The oversized 2-car garage offers even more storage options.
This home is just a bike ride to the beach where you can enjoy the sugary sands of the Gulf of Mexico, as well as being conveniently close to fine dining, nightspots, shopping, and churches.
With no HOA and incredible updates, this home has everything you've been waiting for and more. Don't miss out on this fantastic opportunity – it won't last long!
All information is deemed to be accurate but it is the buyer's responsibility to verify.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017