14739 Indigo Lakes Circle
About This Property
Pride of ownership is reflected in the many updates starting with the handsome tile roof installed at the end of 2018. The $18,000 Island Aire Central HVAC system was installed in 2022 and will keep you cool and comfortable for many years. This meticulous, low maintenance home in Indigo Lakes was professionally painted in a refreshing neutral coastal color prior to listing. You will feel safe in all seasons knowing that your $10,000 Storm Smart western facing windows and doors were installed in 2022. The Fision Home Security system and the secure gated community will add to your ease of mind. Hotwire for Wifi and TV is available. Further updates include the new pool heater in 2023 ($3200), Pool Pump in 2024 ($3600), and living room vertical blinds in 2023 ($2300). All appliances, including the washer and dryer in the utility room adjacent to the kitchen, convey and were purchased in 2015. The manuals are organized and bound in a volume for your convenience. The bedroom floors are wood and were installed in 2016 ($3600).
The kitchen has glazed 42-inch wood cabinetry, solid surface countertops, and stainless-steel appliances. The spacious and open floorplan includes a breakfast bar, breakfast nook, dining room, living room, with an unparalleled view of the lake from each room. The open and convenient floor plan features split bedrooms affording convenience and privacy for the owner and guests. The primary suite features a waterfront view, sliders to the covered lanai, a walk-in closet, a soaking tub, a dual vanity, and a separate spacious shower.
Indigo Lakes is an active gated community of 427 homes and features a 3,300 square foot beautifully updated clubhouse, a catering kitchen, a resort style pool, a fitness room, and lighted basketball and tennis courts. This is also a short distance from the Shoppes of Pebblebrooke, Founders Square Plaza, A-rated schools within walking distance, Logan Landings Shopping Center, NCH hospital, and I-75. This safe and secure community is filled with amenities for all ages yet the HOA fees are highly affordable. Comfortable yet luxurious updated features combine in perfect harmony to provide a living experience you will enjoy for many years.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jul 12, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Price Decreased |
$699,000
↓ $16K
(2.2%) | |
| Price Decreased | |||
| May 7, 2024 | Listed by Sellstate Priority Realty | $715,000 | |
| Listed by Sellstate Priority Realty | |||
| Jun 21, 2010 | Sold | ||
| Sold | |||
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About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017