12894 Epping Way
About This Property
Two bedrooms, spacious den/flex room (or use as a third bedroom), and two-car garage, Stunning lake and fountain views, illuminated at dusk, Master suite with a custom brick accent wall, coffered ceilings, and a walk-in closet with custom cabinetry, Two bathrooms, including a primary bath with dual sinks, a walk-in shower, and granite countertops, A gourmet kitchen with beautiful 42" cream upgraded cabinets, soft-close drawers, quartz countertops, marble tile backsplash, and a large island, Tray ceilings, 8-foot doors, crown molding, and large tile in the main areas, NEW AC system, Storm-ready with Kevlar hurricane screens for the lanai and front entrance,
Custom lighting, and Motorized window treatments. Golf enthusiasts will appreciate the exclusive membership opportunity to play the community's pristine golf course. For those who prefer to focus on other activities, social memberships are available, providing access to the community's restaurants and events. The comprehensive HOA fee covers a wide range of amenities, including: 6 tennis courts, 6 pickleball courts, Bocce courts, State-of-the-art gym, Resort-style community pool and spa, A professional tennis and pickleball pro is available for private lessons and group clinics, enhancing the community's recreational offerings. Enjoy the ultimate convenience with this property's prime location, just moments from: Shopping centers,Diverse dining options, Scenic beaches and
the airport. Don't miss out on this incredible opportunity to experience the best of Florida living!
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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 |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Oct 26, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Price Decreased |
$624,000
↓ $26K
(4%) | |
| Price Decreased | |||
| Aug 19, 2024 | Listed by Berkshire Hathaway Florida | $649,900 | |
| Listed by Berkshire Hathaway Florida | |||
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About Arborwood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017