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15385 Cedar Bluff Place
About This Property
Step through the double-door entry and be greeted by elegant French pattern marble flooring and an open, airy layout. The split bedroom floor plan provides optimal privacy, with the spacious primary suite located on one side of the home and the remaining three bedrooms on the other-centered around the serene, tropical pool area.
The formal dining room, living room, and primary suite all boast tranquil views of the pool and beautifully landscaped backyard. The kitchen has been reimagined to include a generous walk-in pantry, granite countertops, and timeless cabinetry, offering both functionality and style. The bathrooms have also been updated with matching granite and refined finishes.
The primary suite features wood-look flooring, a walk-in closet, and a luxurious bath with a separate soaker tub, walk-in shower, and makeup vanity. Step out onto the screened-in porch to enjoy your morning coffee while overlooking the saltwater pool and lush greenery.
Additional highlights include:
-Crown molding throughout
-Accordion shutters on all windows except the front bay window and window above the entry (panel shutters provided)
-Newer A/C system (2021)
-Updated irrigation system
-Monitored smoke and carbon monoxide detectors
-Zoned for A-rated schools including Binks Forest Elementary, Wellington Landings Middle, and Wellington High School.
Ideally located just minutes from WEF, polo grounds, top equestrian venues, shopping, dining, and everything Wellington has to offer. This home truly combines luxury, comfort, and convenience.
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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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About Meadow Wood of The Landings at Wellington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017