17611 Blue Ridge PLACE
About This Property
Welcome home to 17611 Blue Ridge Place. Behind the gates at Polo Run you will discover this better than new "SMART HOME offering open lake views! Owner's pride is reflected throughout offering an open concept home consisting of 3 bedroom and 3 full-baths. Sellers have upgraded this home with many upgrades including: designer ceiling fans (some kitchen cabinets offer pull-outs shelving ) granite kitchen counters, large one level island with overhead pendant lighting and stainless steel appliances. The open great room flows into the formal dining room and screened lanai creating a wonderful setting for entertaining family and friends. Retreat in the owner's suite with two separate walk-in closets, private bath with large walk-in shower with tile walls, double vanity with separate sinks. Your guest will love the second ensuite with own private bathroom. The third bedroom could be used as an office and is in close proximity to the 3rd full bathroom. Other features not to be missed includes: Smart home technology, Ring doorbell, natural gas, tile roof, pavered driveway and walkway, tray ceilings, crown moldings, two car garage with storage racks, beautiful landscaping, maintenance free, leaded glass front entry door, tankless gas water heater and more. Better than NEW. No worries of traffic as this home sits on a beautiful cul-de-sac!! Just move in and start enjoying the Florida lifestyle! Sellers are leasing solar panels at $24 per month. Sellers approximately electric bill is $65 per month! All of this in a gated resort-style community including tennis, heated pool, clubhouse, 24-hour fitness, yoga studio, bocce ball, basketball court, pickleball and a grill, playground, picnic area and dog park. Polo Run is centrally located and affords quick access to Lakewood Ranch's A-rated schools, shopping, restaurants, UTC mall and more. Thank you for Showing
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jun 23, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Price Decreased |
$520,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Jun 11, 2024 | Price Decreased |
$524,900
↓ $2K
(0.4%) | |
| Price Decreased | |||
| May 15, 2024 | Price Decreased |
$527,000
↓ $3K
(0.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017