3685 JULIENNE WAY
About This Property
This well-maintained residence features 4 bedrooms, 4 full bathrooms, a private office, and an upstairs bonus room with a full bath, wet bar, and oversized storage closet-ideal for a media room, guest suite, or multigenerational living. The split bedroom layout provides a private primary suite and three additional bedrooms and two full baths located on the opposite wing. The office with glass French doors is perfect for working from home. The large bonus room is the only second-floor space, offering added privacy and versatility.
Formal living and dining areas open to views of the screened paver lanai and saltwater pool (updated 2019), creating a seamless indoor-outdoor flow. The updated kitchen includes granite countertops, gas cooktop, oversized island, breakfast area, and two pantries, including a hidden walk-in pantry. The kitchen and family room feature large windows overlooking the pool.
Recent updates include a new roof (2021), water heater (2023), and washer and dryer (2024). The three-car garage provides ample space for vehicles and storage. Outdoor features include mature landscaping, a fenced side yard, well-fed irrigation system, and multiple GFCI soffit outlets for exterior lighting.
Lansbrook offers sidewalks, parks, A-rated schools, and convenient access to shopping, dining, golf, and recreation, with Gulf beaches just a short drive away. This meticulously maintained Palm Harbor home combines location, layout, and updates - making it an exceptional opportunity in today's market.
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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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About Juniper Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017