2224 Ridgewind WAY
About This Property
Arriving at the property, you're welcomed by an elegant front yard and impressive double doors that lead you inside. The entry reveals a grand picture window that frames the lush pool area, setting a captivating scene. The foyer, which could easily serve as a refined sitting area, flows gracefully into a spacious dining room that's perfect for family dinners and special gatherings. Just off the entryway, an office offers a quiet space for remote work or private study.
The expansive open-plan kitchen and living room form the vibrant heart of the home. Here, a large island invites casual dining and lively conversation, while sleek white cabinetry, granite countertops, and wood plank tile floors enhance the kitchen's charm. An exposed brick wall and feature wall in the family room add rustic warmth and style, while numerous windows and doors provide abundant natural light and easy access to the pool deck, creating a harmonious indoor-outdoor flow for gatherings or quiet relaxation.
Three of the home's bedrooms and two baths are situated just off the main living area, offering privacy and comfort. Upstairs, a spacious bonus room offers endless possibilities-as a fifth bedroom, a game room, or a media room-complete with a half bathroom. The primary bedroom is a true sanctuary, featuring direct access to the pool deck, dual walk-in closets, and a spa-like ensuite with a freestanding tub, walk-in shower, and twin vanities.
Outside, the pool deck provides multiple inviting spaces to relax, entertain, or simply soak in the Florida sunshine. Whether hosting a BBQ, enjoying morning coffee, or unwinding with views of the tranquil water beyond, this outdoor area enhances the home's appeal. And with a three-car garage plus a large driveway, there's ample parking for family and friends alike.
This exceptional property embodies the very best of Windermere living-a blend of elegance, privacy, and modern convenience in an idyllic setting.
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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.
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About Estates at Windermere
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017