3944 SILK OAK LANE
About This Property
The kitchen is both stylish and functional, with convenient access to the formal dining room and breakfast area. It features 42-inch solid-wood cabinetry, granite countertops, a breakfast bar, and newer stainless-steel appliances. The adjacent breakfast area is perfectly positioned to take advantage of the panoramic views of the lanai and lush green spaces beyond.The spacious primary suite is a private retreat, enhanced by beautiful hand-scraped hardwood floors, generous his-and-hers walk-in closets, and an updated en-suite bath. The bath features a shower, garden tub, dual vanities, and a private water closet. The secondary bedroom also features gorgeous hand-scraped hardwood flooring, while French doors open to the versatile study/bonus room, complete with built-in bookshelves-perfect for a home office, library, or quiet retreat. Plantation shutters throughout the home add timeless style and elegance. A convenient bonus room just off the laundry area offers even more flexibility. Use it as a small home office, oversized walk-in pantry, hobby space, or simply valuable climate-controlled storage. Major updates include a roof approximately two years old, 2019 HVAC, and a one-year-old water softener. The low monthly maintenance fee in Oakmont includes lawn and shrub care, exterior painting, walkway and driveway power washing, trash service, and use of the community pool. Spectrum high-speed internet and cable are also soon to be included, adding even more value and convenience. And, of course, there's the Lansbrook lifestyle. Enjoy miles of scenic walking and biking trails, two parks, playgrounds, and a community boat ramp providing access to Lake Tarpon. The location is ideally situated near shopping, restaurants, the Pinellas Trail extension, and John Chesnut Sr. Park, with easy access to the airports and the beautiful Gulf beaches. Beautifully appointed, thoughtfully designed, and surrounded by the amenities that make Lansbrook so special-this is the carefree Florida lifestyle you've been waiting for. Come see why this could be the perfect place to call home!
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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 East Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017