3421 Pawleys LOOP N
About This Property
Updates include a whole house water softener filtration system, great room has plant shelves and high arches with cathedral ceilings, 9.5 ft. ceilings in all of the bedrooms, Ring Doorbell and security camera's, solar hot water heater, portable AC with 220 amp, built in shelving in garage, garage door has insulation covering, ladder in garage to the attic with extra storage space, storm door in front with screen half way slides down, tinted windows throughout the home, solar for hot water heater and pool. Night Owl Security system installed. The garage has a key pad outside to enter. Covered front rocking chair porch. As you enter the lovely foyer, the formal dining room includes laminate flooring is on your right and the formal living room includes carpet on the left. Kitchen features stainless steel appliances, lots of cabinets and Corian countertop space, breakfast bar overlooking nook and large family room includes laminate flooring. Refrigerator and dishwasher replaced two years ago! Large laundry room with tons of shelving for storage. The lower solar panels for the pool area were replaced in March 2022. Ceramic tile, carpet and laminate flooring. The Owner's suite sits in the rear of the house and features sliding glass doors that lead to the pool area and the en-suite features dual sinks, garden tub with separate shower stall and large closet. All the bedrooms are spacious with laminate flooring. The lovely pool and spa area features a cabana with lights and electric hook up. Large rear yard with shed for all lawn care equipment. NEW ROOF and gutters in February 2022. Outside of home freshly painted in February 2022. Near to schools, shopping and dining. Minutes to the Florida Turnpike makes easy access to area attractions. Enjoy living in St. Cloud with the Lakefront Park. This award winning recreational area offers walking trails, a splash pad, sandy beach, boating facilities and restaurant for everyone to enjoy. St. Cloud is a family oriented community offering small town living in a location near to Downtown Orlando, The Orlando International Airport, and the newly created Medical City at Lake Nona.
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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 Stevens Plantation
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017