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3908 Gardenwood Circle
About This Property
As you step inside, you'll immediately notice the expansive covered lanai, spanning over 1000 square feet. This remarkable outdoor space is perfect for hosting gatherings and enjoying the serene lake views while cooking in your outdoor kitchen. Imagine lounging by the pool, taking a refreshing dip, and then relaxing in the shade of the lanai as you entertain your friends and family. The pool features a new salt system, new pool chlorinator, new solar panels and a propane heating system and a built in hot tub. For the aspiring chef or culinary enthusiast, the kitchen of this home is a dream come true. It offers abundant counter space, allowing for easy meal preparation, and features a convenient island that serves as the heart of the kitchen. The chef in you will delight in the top-of-the-line appliances and ample storage, ensuring that every cooking endeavor is a pleasure. The home has been meticulously maintained and upgraded and features a brand new roof, and a new water softener peroxide system'||chr(10)||'The master suite is a true retreat, complete with double sinks, a separate garden tub, and a spacious shower. You'll appreciate the privacy and comfort this space provides. Additionally, there is a private guest suite with its own private bath, ideal for accommodating visitors or providing a secluded space for family members. Each of the bedrooms in this home is generously sized, offering ample room for relaxation and personalization. Whether it's creating a cozy reading nook or setting up a home office, you'll have plenty of space to make each room your own.'||chr(10)||'As an added bonus, this home features a second-story bonus room, providing the perfect vantage point to witness breathtaking sunrises over the lake. Imagine starting your day with a cup of coffee in hand, gazing out at the tranquil waters as the sun paints the sky in vibrant hues. With its proximity to the river and numerous amenities, this property is a true gem. Don't miss the opportunity to make it your own and start enjoying the lifestyle you've always dreamed of.'||chr(10)||''||chr(10)||'
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | In contract | - | |
| In contract | |||
| Dec 27, 2024 | Price Decreased |
$1,000,982
↓ $90K
(8.3%) | |
| Price Decreased | |||
| Dec 11, 2024 | Listed by Engel & Voelkers Melb Downtown | $1,090,982 | |
| Listed by Engel & Voelkers Melb Downtown | |||
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Welcome to your dream lakefront retreat in the coveted Cypress Creek community, where elegance meets tranquility on a pristine one-acre lot. From the moment you arrive, you'll feel the allure of this sanctuary, perfectly designed for living, entertaining, and unwinding in style. Step inside to be greeted by panoramic views of the expansive covered lanai, a true outdoor haven spanning over 1,000 square feet. Here, a solar-heated pool, a gas-heated hot tub, and a fully-equipped outdoor kitchen set the stage for everything from lively gatherings to serene evenings under the stars. Imagine sipping your morning coffee by the lake, hosting friends by the pool, or simply soaking in the beauty of your surroundings.
The heart of this home is its 2024-upgraded chef's kitchen, a masterpiece of design and
functionality. High-end inset cabinetry, a custom wood hood, granite countertops, and a large gas cooktop blend elegance with practicality. State-of-the-art LG Studio appliances and a stunning custom backsplash elevate the space, while a separate wine and coffee bar with a built-in wine fridge makes every culinary moment exceptional. The spacious open floor plan is ideal for entertaining, seamlessly connecting formal and casual living spaces. The master suite is a private retreat, with sliding doors to the lanai, a cozy sitting area, and a beautifully renovated ensuite featuring double sinks, a garden tub, and a spacious shower. Guests will enjoy the comfort of a private suite with its own bathroom, while generously sized additional bedrooms and a bonus second-story room offer versatility and inspiring lake views. Recent upgrades ensure modern comfort and peace of mind, including a new roof, new whole-house generator, two new A/C units, a new water system, impact-rated sliding doors, and pool enhancements like a salt system and new pump. Outdoors, a fenced dog run and plenty of green space cater to every family member, furry or otherwise. Nestled near the river in the sought-after Cypress Creek community, this home offers a lifestyle that blends natural beauty with luxurious living. Whether it's mornings by the lake, afternoons in the pool, or evenings at your outdoor kitchen, this home is the canvas for unforgettable memories. Come and experience the elegance, comfort, and serenity that await you.
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| Jul 31, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017