16211 SAWGRASS CIRCLE
About This Property
Step inside from the charming front porch and find a warm, inviting interior featuring multiple living areas, including a family room with a wood-burning fireplace, a bright dining space, and a beautifully updated kitchen with stainless-steel appliances, ample cabinetry, and a functional layout perfect for cooking or entertaining. The spacious primary suite offers a private retreat with a spa-like en-suite bath, while three additional bedrooms and two full bathrooms provide flexibility for family, guests, or a home office.
The true highlight of this home awaits outdoors. A covered patio extends to a sparkling saltwater pool, all overlooking a newly redesigned, generously sized backyard. Fully vinyl-fenced for privacy, this expansive space is ideal for gatherings, play, and relaxed Florida living.
Recent upgrades, including a new roof (2020), hurricane impact windows (2023), HVAC (2023), gutters (2023), a saltwater pool pump and DE filter (2023), new garage floor coating (2024), and a 50 amp generator hookup to ensure peace of mind for years to come. The attention to detail throughout the home alongside its convenient location make this a must see!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017