1924 KATIE HILL WAY
About This Property
Step into an inviting and versatile floor plan that features formal living and dining rooms, a large family room, and a dedicated office or den, ideal for today's lifestyle needs. The gourmet kitchen is a chef's delight, showcasing upgraded 42" cabinetry, granite countertops (inside and out), travertine flooring, a large center island, wine cooler, built-in desk, top-quality stainless steel appliances, and a breakfast bar and nook.
The first-floor primary suite is a true retreat, generously sized to include space for a sitting area or desk, with direct pool access, a spacious walk-in closet, and a luxurious ensuite bath featuring dual vanities, a garden tub, and a separate tile-enclosed shower. A first-floor guest bedroom with full bath, perfect as a mother-in-law suite, offers privacy on the opposite side of the home.
Upstairs, the entertainment continues in the oversized bonus room, complete with a 100-inch movie screen, HDTV projector, and ample space for game nights or relaxing movie marathons. Three additional extra-large bedrooms and a full bath complete the second level.
Enjoy true Florida living in your screen-enclosed, solar-heated saltwater pool and spa, surrounded by an expansive covered lanai with summer kitchen, including an Alfresco grill and ample patio space, perfect for entertaining family and friends year-round.
Community amenities include tennis courts, basketball, and a private park, all within the security of a gated neighborhood. With a roof replaced in 2017 and a new HVAC system, this home is move-in ready and insurance-friendly. Located just minutes from SR 408, Universal Studios, SeaWorld, Disney, and the Mall at Millenia, this property offers convenience, community, and a lifestyle to love.
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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%.
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017