16008 SUNNY DAY DRIVE
About This Property
The chef's kitchen features 42-inch cabinets, granite countertops, an undermount sink, gas range, stainless steel appliances, micro hood, and a closet pantry, all centered around an arched breakfast bar with custom wood paneling. The dining and living areas flow seamlessly, with sliding glass doors leading to the screened lanai, complete with an interior automatic shade.
Pocket doors open to a versatile office or 3rd bedroom, while the guest bedroom and main bath with tub/shower provide a private retreat for family or visitors. The spacious primary suite showcases a custom paneled accent wall, walk-in closet, and ensuite bath with dual sinks, water closet, and walk-in shower.
Step outside to enjoy your very own screened lanai featuring an outdoor kitchen with refrigerator, ceiling fan, TV, LED lighting, and a high-velocity fan for year-round comfort. The fenced backyard offers privacy and space for pets or outdoor enjoyment. Additional highlights include ceiling fans throughout, a laundry room, and a 2-car garage. Best of all, lawn care is included in your HOA fee - maintenance-free living!
Lorraine Lakes offers resort-style amenities, including three swimming pools, a splash park, clubhouse with fully staffed restaurant – culinary chef, menu changes monthly, fitness center, playground, and sports courts for basketball, tennis, pickleball, bocce, and volleyball, as well as monthly events for every age. Conveniently located near shopping, UTC, I-75, and just a short drive to the area's world-famous beaches.
Flexible rentals terms with Minimum one month stay up to 12 leases per year. All furniture is negotiable. This home combines elegance, functionality, and lifestyle-all in one!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017