11113 SPRING POINT CIRCLE
About This Property
This beautifully upgraded 3-bedroom, 2-bath home with a dedicated office offers exceptional value in one of Riverview's most sought-after lake communities. From the moment you walk in, you'll notice the bright, open-concept layout designed for both everyday living and entertaining.
The kitchen features light cabinetry, a classic subway tile backsplash, and a clean, modern feel that flows seamlessly into the main living space. Updated fans and fixtures throughout the home add a fresh, move-in-ready touch.
Step outside to a fully vinyl privacy-fenced backyard complete with pavers, a gazebo, and a hot tub-creating the perfect space to relax or entertain year-round. Additional upgrades include a tankless water heater for added efficiency and convenience.
Located in the resort-style community of Lucaya Lake Club, residents enjoy access to a 78-acre private lake where motorized boats up to 18 ft are permitted, along with a community dock for easy lake access. The community also offers a resort-style pool with cabanas, clubhouse, fitness center, splash park, and playgrounds. This home is ideally positioned within walking distance to all amenities.
Centrally located near tons of shops! tucked away just off Highway 301 with convenient access to major roadways such as I-75, the Selmon Crosstown Expressway, and Big Bend Road, making commuting and daily travel effortless.
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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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About Riverview
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017