168 MORNING GLORY CIRCLE
About This Property
As you arrive at this Mediterranean-inspired residence, you're greeted by a charming covered front porch adorned with a glass storm door and transom window. Inside, the spacious great room is enhanced by soaring vaulted ceilings, luxury vinyl plank flooring, and oversized sliding glass doors that showcase stunning pool views. Throughout the home, you'll find elegant wainscoting and easy-to-maintain solid surface flooring.
The remodeled gourmet kitchen boasts white shaker cabinetry with matte black hardware and soft-close hinges, complemented by a new stainless steel appliance package. A center island with quartz countertops and a farmhouse sink adds both beauty and functionality. Custom pendant lighting and a stylish Moroccan zellige tile backsplash create a striking focal point at the coffee station, while a convenient pantry with pull-out shelves enhances everyday efficiency. The cozy breakfast nook offers the perfect spot to enjoy your morning coffee, and the formal dining room flows seamlessly from the kitchen-making entertaining a breeze.
Freshly painted interiors create a bright and cheerful atmosphere throughout. The generously sized primary suite serves as a peaceful retreat, complete with sliding glass doors leading to the Florida room. The updated en-suite bathroom features a custom dual-sink vanity with quartz countertops, a linen closet, built-in bench, convenient laundry chute, and a walk-in shower with a glass enclosure.
The Florida room, accessible through three sets of sliding glass doors, provides panoramic views of the pool and abundant natural light. Step outside to your private oasis, where the heated pool and the soothing sound of a cascading waterfall create a tranquil space for relaxation. The fully screened enclosure allows for year-round enjoyment, while the open patio area is ideal for barbecues and outdoor gatherings.
Additional Highlights: Remodeled bathrooms, Updated lighting fixtures, New luxury vinyl plank flooring throughout, AC system (2025), Pool filter (2023), Water heater with heat pump (2022), Double-pane windows, Irrigation system, Exterior lighting, Pre-wired for generator, Refrigerator in garage, Pull-down attic stairs, Two-car garage with door opener.
This is a wonderful opportunity to experience resort-style living in the picturesque community of Winterset. Residents enjoy a lakefront clubhouse, heated pool and spa, tennis and pickleball courts, shuffleboard, a boat ramp, fishing pier, and Chain of Lakes access. Conveniently located near restaurants, shopping, and Legoland, this home offers the perfect blend of luxury, comfort, and convenience.
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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 Morningside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017