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1143 PINE RIDGE DRIVE
About This Property
The expansive floor plan was designed for large families and entertaining, beginning with formal living and dining areas and continuing into the open family room, casual dining space and kitchen overlooking the pool. The kitchen offers abundant cabinetry and counter space plus a center island/breakfast bar. Large sliding glass doors lead to the screened private pool and spa with NO DIRECT REAR NEIGHBORS, creating a wonderful setting for enjoying the Florida sunshine.
A first-floor bedroom with its own bathroom provides excellent flexibility for guests or multi-generational living. Upstairs you'll find a huge loft/game and entertainment area plus the oversized primary suite, entered through double doors and featuring room for a king-size bed, separate sitting area and ensuite bath with soaking tub and separate shower. Three additional bedrooms are upstairs, including one with its own ensuite bath.
And the fun doesn't stop there! The garage has been converted into a dedicated game room with full-size pool, ping-pong and air hockey tables, adding another entertainment space for family and vacation guests.
For investors and second-home buyers, Windwood Bay offers short-term vacation-rental potential, and this home's five-bedroom layout, multiple gathering areas, game room, private pool and spa make it particularly well suited for the vacation-home market. Update it to today's tastes and create your own Disney-area getaway or income-producing vacation property.
LOCATION, SPACE & VALUE! Enjoy convenient access to Walt Disney World, Central Florida attractions, nearby golf courses, restaurants, shopping and I-4, putting Orlando's entertainment corridor within easy reach.
If you've been waiting for a property where you can buy at an attractive price, renovate to your own style and potentially build equity-THIS IS IT! Don't overlook this diamond in the rough. The opportunity is in the size, location, floor plan and price!
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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