12099 KAY DRIVE
About This Property
Lakefront Pool Home with Stylish Upgrades!
Welcome to your private lakeside retreat.
With almost $300k in upgrades over past 2 years into updating the interior and exterior, you cannot go wrong with this beautiful home!
This beautifully and fully remodeled 3-bedroom, 2-bath pool home offers a perfect blend of indoor comfort and outdoor living. Enjoy an automatic solar-heated pool with a new variable speed pump, spacious paver deck, high screen enclosure, and a lighted dock-ideal for relaxing or entertaining in your own tropical paradise.
Inside, the home features a split floor plan with formal living and dining areas, a cozy family room with wood fireplace, and an open kitchen with breakfast bar, eat-in space, and a convenient pass-through window to the pool. The spacious laundry room includes built-in cabinetry, a utility sink, and a desk area.
Recent updates include hurricane-impact windows and doors, new appliances, water heater with auto shutoff, whole-house water softener, California Closets in all bedrooms, updated HVAC system with new ductwork and insulation, and fresh interior and exterior paint.
Wake up to beautiful lake views from the primary suite, which offers direct pool access and an en suite bath. Two additional bedrooms also enjoy lake views and share a full hall bath.
The two-car garage includes a hurricane-rated door, attic access, and Wi-Fi opener. A deep well and Wi-Fi-controlled irrigation keep the landscape lush and green.
Located near parks, two blocks from Pinellas trails, and the Seminole City Center, this home is not in a flood zone and offers the best of Florida living in a peaceful setting.
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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