1254 Harbor Town WAY
About This Property
Entering this home, you'll be welcomed into a light and bright open living and dining area with vaulted ceilings and lighted shelves, creating a spacious and inviting atmosphere. The screened-in lanai provides a peaceful water view, allowing you to relax and enjoy the serenity of your surroundings.
The updated custom kitchen is sure to impress with its beautiful cabinets, modern appliances, and quartz countertops. It's the perfect space for cooking and entertaining.
The main suite of this home is truly a retreat, featuring two walk-in closets, vaulted ceilings, and a patio door that leads to the lanai. The master bath offers double sinks, a separate tub, and a shower providing both convenience and luxury.
The en-suite guestroom is perfectly private, allowing your guests to have their own space. The extra-large bathroom adds to their comfort and convenience.
The third room can be used as a bedroom or for any other purpose that suits your needs. The new windows with solar coating and the accordion shutters throughout provide both energy efficiency and storm protection.
The community itself is maintenance free, allowing you to spend your time enjoying the clubhouse, heated and cooled pool, tennis/pickleball court and participating in the numerous social activities available. The friendly neighbors add to the sense of community and make it a great place to live.
In addition to all the amenities within the community, you'll also find that historic Venice and its wonderful beach are just minutes away. So whether you want to relax at home or venture out to explore the area, you'll have plenty of options.
Overall, The Patios of Chestnut Creek offers a beautiful and convenient place to call home, with its peaceful surrounds, updated features and abundance of amenities.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | In contract | - | |
| In contract | |||
| Feb 22, 2024 | Price Decreased |
$429,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Jan 26, 2024 | Price Decreased |
$439,000
↓ $11K
(2.4%) | |
| Price Decreased | |||
| Jan 10, 2024 | Listed by RE/MAX PALM REALTY OF VENICE | $449,555 | |
| Listed by RE/MAX PALM REALTY OF VENICE | |||
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About Chestnut Creek Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017