12560 Sagewood DRIVE
About This Property
This elegant residence features three spacious bedrooms, each equipped with custom-designed Closet Tech engineered closets for optimal organization. The heart of the home is adorned with a kitchen that boasts a stylish tile backsplash, Bosch dishwasher, and gas appliances, perfect for any culinary enthusiast. Vinyl plank flooring in the office and large 20"x20" tiles throughout provide both durability and a touch of sophistication.
Step outside to a Bishop Aluminum lanai, extending 10'x30' with concrete slab and brick pavers, ideal for entertaining or quiet relaxation. The home's exterior showcases a fresh coat of Sherwin Williams paint (2022) and full gutters and spouts, ensuring both aesthetic appeal and practical functionality.
Additional upgrades include a new A.O. Smith hot water heater installed in October 2023, state-of-the-art ADT security system, and convenient keypad entries on both the front door and garage. The garage is not just a place to park; it's a fully optimized space with New Age powder coated cabinets, Craftsman tool racks, and a lifetime warrantied polyaspartic floor finish.
Environmental and energy-saving features are paramount with a Rain Bird irrigation system, Homelite whole-house surge protector, and a foil radiant barrier under the roof to enhance cooling efficiency. The home also emphasizes safety and peace of mind with recent updates to CO2/smoke alarms and the inclusion of Moen faucets with a lifetime warranty. LED bulbs and radiant barrier help keep your energy bills lower than those without. Need storage? Enjoy the drop down stairs to the garage attic!
This home is more than just a place to live-it's a sanctuary designed for comfort, security, and impeccable style. Close to some of the best beaches in the world, shopping and fun. Don't miss the opportunity to own this exquisite property in a community brimming with incredible amenities, where nature and modern living connect beautifully.
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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 |
|---|---|---|---|
| Jul 3, 2024 | Sold | ||
| Sold | |||
| Jun 4, 2024 | In contract | - | |
| In contract | |||
| May 24, 2024 | Price Decreased |
$475,000
↓ $25K
(5%) | |
| Price Decreased | |||
| May 3, 2024 | Price Decreased |
$500,000
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Apr 25, 2024 | Listed by KELLER WILLIAMS ON THE WATER S | $525,000 | |
| Listed by KELLER WILLIAMS ON THE WATER S | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017