1663 Nestlewood TRAIL
About This Property
Step inside and be greeted by the warm elegance of beautiful floors and high ceilings. The heart of the home is a stunning, remodeled kitchen boasting QUARTZ COUNTERTOPS, stylish WOODEN CABINETS, and modern STAINLESS STEEL APPLIANCES. The large island with an eating bar is perfect for casual meals and entertaining guests. Outside, you'll find fruit trees, including mangoes, ready to provide fresh, tropical flavors, and a sprinkler system ensures your lawn stays lush and green.
The versatile fourth bedroom can easily serve as an office or den, offering flexibility to suit your needs.
Falcon Trace isn't just a place to live; it's a lifestyle. Enjoy low HOA and CDD fees while benefiting from well-maintained common areas, security cameras at both entrances, and exclusive access to a residents-only lap pool with a thrilling looping water slide. For those who enjoy sports, there are tennis courts and a basketball court right in the neighborhood. Many homes in this area have been lovingly owned by residents for years, creating a sense of stability and pride.
Location is key! You're just a few minutes from the 417 Expressway and the vibrant Hunter's Creek Town Center (hello, Super-Target!). Plus, with numerous stores and restaurants along Orange Blossom Trail and John Young Parkway, you'll have everything you need right at your doorstep. And let's not forget the excitement of Disney World, Universal Studios, and Sea World-only 20 minutes away!
The home features recent updates, including plumbing, kitchen, and front bathroom remodels.
Come and explore this inviting neighborhood and discover the perfect home for you today!
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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