3538 VEGA CREEK DRIVE
About This Property
As you arrive, the home presents a well-maintained exterior with a manicured lawn, palm tree landscaping, a spacious driveway, an attached 2-car garage, and a screened front entry. Inside, wood-look tile flooring extends through the main living areas, where natural light enters through multiple windows and creates a comfortable, open atmosphere.
The main living area connects directly to the dining space and kitchen, creating a practical layout for everyday living and gatherings. The kitchen is centrally located and includes quartz countertops, 42-inch cabinetry, stainless steel appliances, a tile backsplash, and a center island for additional workspace. The adjacent dining area overlooks the backyard through sliding glass doors.
The primary bedroom is positioned toward the rear of the home and includes a walk-in closet and an en-suite bathroom with dual sinks, quartz countertops, and a glass-enclosed walk-in shower with tile finishes. The additional bedrooms are well-sized with carpet flooring and provide flexibility for guests, office space, or other uses. One room is currently set up as a media or workspace. The secondary bathroom includes a tub/shower combination and quartz countertops.
A covered SCREENED LANAI extends the living space outdoors, providing a shaded area for seating while overlooking the fully enclosed vinyl-fenced backyard. Additional features include recessed lighting, a dedicated laundry area, and functional storage throughout.
Whaley's Creek includes community amenities such as a pool, playground, park, and sidewalks. The property is located near shopping, dining, grocery options, and access to the Florida Turnpike for travel throughout St. Cloud, Kissimmee, Orlando, and the greater Central Florida area.
Contact us today for a private tour or more details on this exceptional opportunity.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017