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22912 Sterling Lakes Drive
About This Property
This meticulously maintained 3 bedroom, 2 bathroom home in the all age community of Crescent Lakes is a must see! With the most beautiful wide view of the lake, the home features vaulted ceilings, spacious bedrooms, a formal dining space, formal living room, family room, kitchen with granite countertops and updated stainless steel appliances and beautifully updated bathrooms. The covered, screened-in patio has recently updated flooring and gives plenty of space to enjoy the serene lake view and enjoy sounds of the fountain. The entire home is equipped with accordion shutters. The roof is original, 4-point insurance inspection from July 2022 states there are 8 years of life left on the roof.
Crescent Lakes is an all age community and features a gorgeous community pool, tennis courts, fitness center, clubhouse, card room and billiards room. HOA includes irrigation, landscaping, basic Comcast cable, gate security and mailbox maintenance. Crescent Lakes is currently zoned for excellent schools- Hammock Pointe Elementary, Omni Middle and Spanish River Community High School. Conveniently located near shopping and dining, this home is a MUST SEE!
INFORMATION HEREIN NOT GUARANTEED AND SUBJECT TO ERRORS & OMISSIONS. ALL MEASUREMENTS APPROXIMATE.
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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.
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 Sterling Bridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017