22623 MORNING GLORY CIRCLE
About This Property
This stunning 4-bedroom, 3-bathroom home in the exclusive Preserve at Panther Ridge offers a perfect blend of luxury, comfort, and privacy. Designed by renowned architect Arthur Rutenberg, the home is set on a generous 1.35-acre lot with breathtaking lake views.
The moment you step through the beautifully *crafted wood door, you'll be welcomed by an open and airy floor plan, ideal for both relaxation and entertaining. The home features a spacious living room, dining room, and a large bonus room, along with an office/den. High-end finishes throughout, including *tile and wood-inspired flooring, tray ceilings, and crown molding, create an elegant atmosphere.
The gourmet kitchen is a true chef's dream, featuring solid wood cabinets, granite countertops, stainless steel appliances, an island, a breakfast bar, and a separate eat-in area with a solar light that brightens up the space.
The master suite offers a serene retreat with *new wooden flooring, sliders to the pool area, and walk-in closets. The spa-like master bath features dual sinks, granite countertops, a walk-in shower, and a separate garden tub. The thoughtful split plan includes two large bedrooms and a bath, plus a fourth bedroom with a private bath and entrance, perfect for an in-law suite.
The outdoor living area is a true highlight, featuring a pool, spa, and outdoor kitchen, as well as a private, fenced backyard with a fire pit, ideal for relaxing or entertaining.
The Preserve at Panther Ridge offers an active community lifestyle with scenic walking trails, parks, a playground, basketball courts, and tennis courts. Conveniently located near Waterside, Lakewood Ranch Main Street, and UTC Mall, with easy access to shopping, dining, and entertainment options.
This exceptional home offers the perfect blend of luxury living and convenience-don't miss the chance to make it yours!
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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 |
|---|---|---|---|
| Jun 17, 2025 | Sold | ||
| Sold | |||
| May 6, 2025 | In contract | - | |
| In contract | |||
| May 4, 2025 | Price Decreased |
$995,000
↓ $80K
(7.4%) | |
| Price Decreased | |||
| Mar 21, 2025 | Price Decreased |
$1,075,000
↓ $75K
(6.5%) | |
| Price Decreased | |||
| Feb 26, 2025 | Price Decreased |
$1,149,900
↓ $25K
(2.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017