11297 91st AVENUE
About This Property
Upon entering, you'll be greeted by an inviting and open layout that seamlessly connects the spacious living area, dining space, and a beautifully renovated kitchen. The kitchen boasts elegant granite countertops, a tasteful tile backsplash, a farmhouse sink, and custom cabinetry, making it a chef's delight. Sliding doors lead from your living room to the huge backyard designed for entertaining!
This single-owner property has recently received a series of updates in 2023, ensuring peace of mind for its next owner. These updates include a new roof installed in 2021, a brand-new water heater, a stylish interior repaint, a modernized electric breaker box, and plush new bedroom carpeting.
Outside, you'll find a host of desirable features, including a sizable shed for storing outdoor equipment, leaf guard gutters, cement curbing and a spacious yard enclosed by privacy fencing. The ample outdoor space provides an enticing opportunity for a future pool addition.
For those with an active lifestyle, residents of Seminole are fortunate to enjoy a complimentary membership to the nearby Seminole Recreation Center, just a stone's throw away. There, you can take advantage of an Olympic-sized pool, tennis courts, and a state-of-the-art fitness center, along with a variety of engaging events and classes for both adults and children.
If you're a beach lover, you'll appreciate the proximity of this residence to the picturesque Indian Shores, Redington, and Madeira beaches, just minutes away. Additionally, a diverse selection of restaurants and shops are within easy reach.
Families will benefit from this property's location within the highly regarded school zones of Seminole Elementary, Oakhurst Middle, and Seminole High School, ensuring an excellent education for your family.
Notably, this home is situated in a non-evacuation zone, saving you thousands of dollars annually in flood insurance costs. There's also no HOA to contend with, providing you with even more financial flexibility. For hurricane protection, the Seller has included plywood panels for windows and doors, as well as an impact-rated garage door. The home is further secured by ADT, which the new buyer can continue if they choose, and a Ring doorbell is included with the property.
Don't miss the opportunity to make this your new home, where comfort, convenience, and coastal living seamlessly converge to offer you the Florida lifestyle you've been dreaming of. Call today to schedule your viewing!
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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%.
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017