1716 CEDAR GLEN DRIVE
About This Property
The primary bedroom renovation creates a sanctuary with high ceilings, a wood shiplap feature wall, sliding privacy door separating an updated bathroom complete with dual-vanities, floor-to-ceiling tiled shower with multiple shower heads (decorative inlay & foot-rest for smoothly shaved legs!) and walk-in closet create an environment worth getting out of bed for!
Family room with wood-burning fireplace and architectural feature wall offer an entertaining environment for residents and guests alike. Two generous guest bedrooms and a fully updated spare bathroom attend to the needs of everyone. Outside, enjoy year-round living on the large covered lanai while cooling off in the oversized swimming pool with abundant decking under the screened enclosure.
OTHER UPGRADES INCLUDE: ROOF (2019), HVAC (2019), REPIPE (2022), HWH (2022), ELECTRIC PANELS (2020/22), Smart-Home Systems throughout, New Waste-Water Treatment System (2025), Paid-Off Solar System (2022), Built-In Closets, Updated Lighting/Outlets/Switches, Outdoor Shower (2022), DUAL Washer/Dryer Hookups, Generator Hook-Up (2025), 220v Hot-Tub Sub-Panel (2022). Laundry room was brought under air adding an additional 100sf of living space.
The Wekiva Glen neighborhood is tucked into the Wekiwa Springs State Park. Boasting a gated entrance, tree-lined streets, community sport courts and playground, you will love living here! Property backs to the beauty and privacy of Wekiwa Springs State Park and full privileges to the park's abundant amenities are conveniently available.
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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.
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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