15 WENDOVER LANE
About This Property
Set on an oversized corner lot with lush, mature landscaping, the property offers a fenced yard with space for a trailer, garden tools, or outdoor enjoyment. Inside, you'll find soaring ceilings, a split floor plan and two spacious living areas that make this home ideal for families who want room to spread out or combine generations under one roof.
The beautifully designed chef's kitchen is a showpiece with quartz countertops, a stainless-steel gas stove, and an extended countertop that continues into the lanai, perfect for entertaining, serving guests or creating additional storage and prep space. The master suite is truly spectacular, featuring a sparkling chandelier, a huge walk-in shower, relaxing soaking tub, two spacious sinks with abundant counter space, and a massive walk-in finished closet. Elegant and comfortable, this private retreat offers both beauty and functionality. The spacious lanai is under air, providing an additional 400 square feet of comfortable living space, bringing the total area to over 2,800 square feet. This versatile area is perfect for hosting gatherings, creating a sunroom, or enjoying a quiet evening overlooking the pool. The wood burning fireplace adds warmth and charm to the main living area, while the private backyard oasis includes a sparkling pool and spa surrounded by mature landscaping. Additional highlights include a 2013 roof, resurfaced pool with new pump, a Generac generator system and a well for irrigation.
This home perfectly combines luxury, comfort and quality construction in one of Palm Coasts most sought-after golf communities.
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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.
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About Pine Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017