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2427 Hidden Trail Drive
About This Property
Light and bright throughout the day, this spacious villa with soaring ceilings features luxury vinyl plank flooring throughout, updated lighting, new interior doors, custom motorized window shades and new countertops. The kitchen offers ample cabinetry with convenient pull-out shelving for easy storage and organization. The inside laundry room includes Whirlpool front-loading washer and dryer. Recent improvements include new windows in 2024, a new hot water heater, garbage disposal, garage door bearings and springs, and keyless entry for both the front door and garage. Roof replaced in 2017 and HVAC in 2016. Enjoy the privacy of the backyard, perfect for relaxing or entertaining. This villa is being sold fully furnished and turnkey, including a 2-year-old, 4-passenger golf cart with lithium battery and rain curtains, two barely used bicycles and a new BBQ grill. Timber Pines offers an exceptional active adult lifestyle with three 18-hole golf courses, a 9-hole pitch-and-putt course, 12 pickleball courts, tennis, bocce ball, two swimming pools, a state-of-the-art fitness and wellness center, country club with restaurant and bar, performing arts center, woodworking shop, craft rooms, billiards, media center and over 100 clubs and social activities. With three guard-gated entrances and beautifully maintained grounds, Timber Pines provides numerous opportunities for recreation, relaxation and socializing. This move-in-ready villa offers a spacious floor plan, extensive updates and the convenience of furnishings and recreational extras already included. Enjoy Florida living without the expense and hassle of furnishing or updating your new home. This village allows 1 dog.
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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.
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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 Timber Pines
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017