1445 STONEHENGE WAY
About This Property
From the moment you step inside, you'll be greeted by an airy, open floor plan bathed in natural light. The decor and details are straight out of a magazine - think woodgrain tile flooring, designer lighting, vaulted ceilings complete with gorgeous wood paneling, and a neutral color palette that makes every room feel fresh, calm, and inviting. Whether you're entertaining guests or just enjoying a lazy Sunday, the living space flows seamlessly into a beautifully updated kitchen with two-toned custom cabinetry, sleek Samsung stainless steel appliances, granite countertops, and a breakfast bar perfect for casual dining. The home also features a cozy wood-burning fireplace, the perfect centerpiece for relaxation in the living room.
Step outside through the French doors and you'll find your new favorite hangout - a sparkling screened-in pool surrounded by a spacious patio perfect for sunbathing, grilling, or sipping your favorite drink under the stars. The fully fenced-in backyard is both private and pet-friendly, with mature landscaping that enhances the Florida vibe.
The primary suite is a true retreat, complete with a fully remodeled en-suite bathroom, double vanity, and a walk-in shower that makes you feel like you're in a five-star resort. Three additional bedrooms offer plenty of space for family, guests, a home office, or whatever your lifestyle needs. The second bathroom has also been tastefully remodeled with high-end finishes and a crisp, clean design.
This exquisite home requires no flood insurance and boasts very low HOA fees (only $228/year!). Its prime location offers close proximity to everything your heart desires, including Honeymoon Island where you can discover the breathtaking beach by day and relish in mesmerizing sunsets by evening, as well as downtown Palm Harbor and downtown Dunedin where you can enjoy vibrant restaurants and lively entertainment. Don't wait to make this hidden gem home!
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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%.
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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.
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017