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1242 PINEBROOK WAY
About This Property
Step inside to find beautiful 24-inch porcelain tile flooring throughout, creating a clean and cohesive look. The updated kitchen features quartz countertops, a porcelain tile backsplash, new appliances, and a reverse osmosis drinking water system. The spacious primary suite includes a beautifully updated bath with a brand-new walk-in shower and two vanities. A NEW WATER HEATER IN 2025 adds to the home's many improvements. Two additional bedrooms provide plenty of room for family, guests, a home office, or hobbies, while abundant closet space offers excellent storage throughout.
Step outside and discover the true showstopper! Completed in 2025, the HEATED SALTWATER POOL features a 7-foot deep end, beautiful travertine tile, and a new screened enclosure. The expansive covered lanai provides an incredible extension of the living space with plenty of room for outdoor dining, entertaining, and relaxing poolside. Beyond the lanai, a fully fenced backyard and lush tropical landscaping create a private and inviting outdoor retreat.
Pinebrook South offers LOW ANNUAL HOA FEES along with desirable community amenities including a COMMUNITY POOL, CLUBHOUSE, AND KAYAK LAUNCH. Enjoy the tranquility of an established neighborhood while being conveniently located near multiple Gulf Coast beaches, shopping, dining, recreation, and area airports.
With its extensive upgrades, spectacular new pool, generous indoor and outdoor living spaces, community amenities, and convenient Venice location, this move-in-ready home is ready for you to start enjoying the Southwest Florida lifestyle!
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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.
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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