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2863 Bellwind Circle
About This Property
Step into a realm of unparalleled elegance as you walk through the main entrance of this architectural masterpiece. With 5 bedrooms and 6 full bathrooms, including a master suite with attached exercise room, office, formal living room, formal dining room and upstairs bonus room with a wet bar, every inch of this home has been meticulously designed for comfort and style.
The stunning kitchen offers amazing water views for yourself and guests. Granite countertops, new 2023 appliances and the existing 42'' built in refrigerator highlight the high end finishes of this home. Access to the formal dining room and... a built in desk area accentuate the kitchen area and create a perfect space to entertain.
The upstairs bonus room, complete with a wet bar and screened-in patio adorned with travertine floors, offers breathtaking views of the shimmering lake below. Exterior spiral stairs gracefully connect the first and second floors, adding a touch of architectural charm.
Indulge in culinary delights in the summer kitchen, equipped with granite countertops, a 30" gas grill, a 30" gas stove, a TV and a refrigerator. The saltwater pool and spa beckon for relaxing sips, while the spacious lanai provided the perfect setting for al fresco dining and entertaining. Prepare for inclement weather with roll-down storm shutters on the lanai, accordion shutters on the east, west and north lower windows, and clear corrugated shutters in the front of the home, ensuring peace of mind during hurricane season.
Additional features include an oversized 3 car garage, exterior lighting, a new irrigation pump, newer air conditioning units and a newer hot water heater. The home is pre-plumbed for a house generator.
Embrace the epitome of luxury waterfront living in the meticulously crafted home in the exclusive enclave of Summer Lakes. Experience the allure of lakeside living as you sip your morning coffee and back in the splendor of evening sunsets from your private dock.
Located with easy access to I-95, this estate home is located close to shopping, dining, and all that the Viera community offers. A rated schools, Health First hospitals, golf courses, the beach and easy access to both Melbourne and Orlando airports make this a centrally located estate home.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017