12711 PINEFOREST WAY E
About This Property
Step inside to a bright and open split floor plan with vaulted ceilings, recessed lighting, and stylish, allergen friendly updates throughout like all carpet free flooring. The kitchen features granite countertops, modern cabinetry, and a seamless flow into the main living areas making it perfect for entertaining. The spacious living room opens to the pool area through large sliding doors, creating the ultimate indoor-outdoor connection.
The primary suite boasts soaring ceilings, its own slider to the pool, two closets, a generous walk-in and a large secondary closet, and a spa-like bath with a double vanity, garden tub, and separate shower. Two additional bedrooms share a well-appointed guest bath and offer plenty of space for family or guests.
Enjoy Florida living at its finest in your private backyard retreat. The saltwater pool is enclosed with a recently re-screened lanai and surrounded by beautiful newly installed pavers that wrap both sides of the home and extend into a large entertaining area, providing room for loungers, an outdoor dining table, and a grill, ideal for gatherings or quiet evenings under the stars. Artificial turf in the back yard keeps upkeep to a minimum, giving you more time to relax and soak up the sun.
Additional upgrades include a new roof (May 2023), gutters with leaf guards, a white PVC fence, and a two-car garage equipped with a 240-volt outlet, perfect for charging an electric vehicle or powering heavy equipment. Best of all, this home sits in a no-flood zone, offering peace of mind along with its long list of modern comforts. All community governing docs including bylaws and any updates to documents can be found at http://www.pineforesthoa.org. Click on the "governing documents" tab on the left side of the screen to review.
Prime Largo location with easy access to shopping, dining, top-rated schools, and just minutes from the Gulf beaches. This Pineforest gem is updated, move-in ready, and packed with upgrades. Schedule your private showing today!
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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.
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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