15891 COUNTY ROAD 675
About This Property
As you arrive at this enchanting property, you'll be greeted by the tranquility of nature and the sprawling 5-acre estate. The main residence boasts 3 bedrooms, including a loft with a balcony that can serve as a cozy bedroom retreat or a versatile space for various needs. The den offers additional flexibility, perfect for a home office or study.
The converted 2-car garage, currently a spacious sewing room, retains its functionality with overhead doors that can easily be reinstated, catering to your storage or parking needs. The convenience of having the laundry within the sewing room adds practicality to daily routines.
The heart of the home lies in the open-concept living room and kitchen area. Quartz countertops, stainless steel appliances, and ample cabinetry adorn the kitchen, creating an inviting space for culinary adventures and gatherings with loved ones. The living room's electric fireplace adds warmth and ambiance, perfect for cozy evenings indoors.
Step outside to your private oasis, where a screened swimming pool awaits, offering a refreshing escape on hot summer days. Beyond the pool area, a barn with horse stalls and a tack room beckons to equestrian enthusiasts, providing ample space for your beloved horses.
Additionally, the property features numerous cages for small animals like chickens, ideal for those interested in hobby farming or simply enjoying the charm of country living. Take the virtual tour at https://my.matterport.com/show/?m=romQGbUxQeE&brand=0&mls=1&.
Experience the beauty and tranquility of rural Florida living and make this captivating property your next 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%.
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 |
|---|---|---|---|
| Mar 17, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | In contract | - | |
| In contract | |||
| Sep 21, 2024 | Relisted | $950,000 | |
| Relisted | |||
| Jun 30, 2024 | In contract | - | |
| In contract | |||
| May 4, 2024 | Listed by NEXTHOME GULF COAST | $950,000 | |
| Listed by NEXTHOME GULF COAST | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017