2544 CARTER GROVE CIRCLE
About This Property
Step inside to discover elegant formal living and dining areas, where soaring ceilings, crown molding, and gleaming wood floors reflect the abundant Florida sunshine. The timeless floor plan is primarily single-story, with a bonus room and a fifth bedroom above the garage, perfect for guests or additional family space.
At the heart of the home is the open-concept kitchen, featuring custom cabinetry, a fully vented VIKING gas cooktop, and an island that seamlessly flows into the family room. Here, custom-built shelving and a gas fireplace create a warm and inviting ambiance, while offering perfect views of the sparkling screened-in saltwater pool and spa.
The luxurious owner's suite boasts a tray ceiling, French doors leading to the covered lanai, two walk-in closets, dual vanities, a large jacuzzi tub, and an expansive shower. The three-way split floor plan ensures privacy for all, while the bonus room and fifth bedroom above the garage are equipped with a mini-split AC unit for added comfort.
Practicality meets convenience with an oversized, side-entry two-car garage (new garage door opener), complete with additional 220-amp service for electric vehicles or woodworking projects. The home's concrete block construction adds durability, while recent upgrades, including a Kinetico Filtration System (installed in 2021), a 2016 roof, a 2015 AC unit, and newly replaced ductwork, provide peace of mind.
Located in a top-rated K-12 school district, with Windermere Elementary right next door, this home also grants deeded access to the Town of Windermere's Chain of Lakes private boat ramps, giving you easy access to the 13 interconnected lakes spanning over 5000 acres of boating fun and the private tennis courts. Enjoy the vibrant community atmosphere with golf cart-friendly streets, miles of sidewalks for biking or walking, and the beloved Friday morning farmers market.
With easy access to major highways like the 408, 429, and Turnpike, and a short drive to Winter Garden Village, Restaurant Row, International Drive, SeaWorld, Universal Studios, and Disney, this home truly offers the best of both tranquility and convenience. Plus, two major hospitals are within five miles, and endless dining and shopping options are at your fingertips. Don't miss this rare opportunity to own a home of this caliber in the sought-after Manors at Lake Butler.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017