2749 Tecumseh Drive
About This Property
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Original owner offers this beautiful estate home for sale that is perfect for large family and/or those who love to entertain!
5 Bedrooms / 4.5 Baths / approx. 4,000 SF of living area & 5,037 SF Total
2-story pool home features 3,400 SF screened enclosure with full summer kitchen
RECENT RENOVATIONS to EXTERIOR:
Barrel tile roof (8/2020)
New gutters and downspouts (2020)
House and summer kitchen completely painted (2020)
8 new exterior mounted lanterns (with LED lights) installed in front, side and rear of home (2020)
Driveway pressure washed and sealed.
UPDATES to SCREEN ENCLOSURE AREA:
Two new fixed awnings installed (2020)
Numerous screens replaced (2020)
3 new fans with LED lights and remotes installed
New GE dishwasher installed (2020)
New U-line ice maker (1/2021)
UPDATES to POOL AREA:
Gas heater replaced in 10/2018
Pool pump replaced in 9/2017
Acid washer in 12/2020
2 new LED lights in pool and spa (12/2020)
All new saltwater system equipment (12/2020)
RECENT RENOVATIONS to INTERIOR:
Hardwood floors entire 1st floor (11/2019-1/2020)
Fresh paint throughout (2019-2020)
Upstairs master bath completely renovated with tile shower, frameless glass, no-spot door, new vanity with Quartz top (2019)
New plush carpet in 3 bedrooms (2019-2020). Office has hardwood floors.
Kitchen Aid built-in refrigerator/freezer (1/2019)
2 Miele dishwashers (2016)
Central vac motor and container replaced (8/2019)
MAJOR SYSTEMS 4 A/C Units:
Main A/C system 5 Ton (replaced 2020) services living room, dining room, 2 upstairs bedrooms and office).
A/C unit (replaced in 6/2018) services kitchen, family room, and laundry.
A/C unit (replaced 5/2014) services master bedroom downstairs and master suite upstairs.
Insulated hurricane rated door installed in 2018.
MAJOR SYSTEMS 3 Water Heaters:
Unit replaced (9/2018) under steps services master bedroom downstairs and master suite upstairs.
Main unit in garage (replaced 1/2011) services entire interior (except master bedrooms see notes above).
Separate unit under counter in summer kitchen (replaced 11/2012)
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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 Villages of Palm Beach Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017