12421 Seagate STREET
About This Property
Through no fault of the seller - Buyer financing fell through! COME SEE THIS HOME!
Welcome to your oasis! This pool home is neat as a pin!
Bring your RV or Boat because there is room in the huge backyard for both!
You will love the open floor plan and no space is wasted on tiny bedrooms...rather this home has SO MUCH living area with a huge dining area, great room and a MASSIVE kitchen. The primary bedroom is super bright and airy with views of the pool complete with a large walk in closet and attached bathroom.
The 2nd bedroom is en suite, with attached bathroom that is also accessible from the hall. Also bright and airy with views of the pool and back yard.
Did I mention the pool?? HUGE pool with lovely pavers surrounding this screened in beauty! A bench at the deep end for dipping your feet into the water after a long day. But the best part is the Florida room with its ADORABLE accents! The wood ceiling in this room makes you feel like you just stepped into Margaritaville! The custom ceiling fan, seashell decorations, even the outlet covers are cute with sea and beach decor! The Florida room is accessible from the kitchen through a super high quality vinyl sliding glass door or through the high end vinyl French doors that lead to the great room.
If you love entertaining, then look no further! This house is set up for gatherings in the kitchen that effortlessly flows into the great room and Florida room spilling out to the gorgeous screened in lanai.
Come fall in love!
Here is a short list of just some of the upgrades over the years:
New hurricane windows 2015. New Florida room hurricane windows 2018. New French doors 2018. Custom kitchen island 2020.
Shiplap dining room wall 2023. Bathroom remodeled 2023.
New pool pump 2020
New paint inside and out 2023 and 2024.
Roof air, conditioner, air handler, and a hot water tank less than 10 years old
All appliances, including the washer and dryer, convey and the stove is newer (2022)
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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.
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017