3994 BELMOOR DRIVE
About This Property
The gourmet kitchen is a chef's dream-completely redesigned with sleek quartz countertops, an oversized island, a breakfast bar, and a cozy eat-in area. Outfitted with top-of-the-line stainless steel appliances-including a refrigerator with an ice maker and water dispenser, range, built-in microwave, and dishwasher-it seamlessly flows into the inviting family room, complete with a wood-burning fireplace.
Retreat to the luxurious primary suite, where vaulted ceilings, a separate dressing area with vanity, and an expansive walk-in California closet provide the ultimate in organization. The spa-like primary bath offers a garden soaking tub, a step-in shower, a linen closet, and a private water closet.
Step outside to your private oasis-a massive screened-in pool and spa area with a covered lanai, perfect for entertaining, swimming, and relaxing. With ample yard space surrounding the home, you'll have plenty of room to enjoy the Florida lifestyle. The property includes a pool/spa heater (added in 2020), an air pump for the jets, an automatic pool vacuum, and essential cleaning equipment.
Recent updates ensure peace of mind:
New Roof: November 2019
New AC: February 2021
New Water Heater: April 2023
Ridgemoor offers a serene and active lifestyle with scenic walking and biking trails, tennis and basketball courts, a playground, and close proximity to John Chestnut Park. Enjoy the beauty of Lake Tarpon with waterfront views, boat access, picnic pavilions, and a dog park. Plus, you're just minutes from top-rated schools, shopping, dining, airports, and award-winning beaches.
Don't miss this incredible opportunity to own a beautifully updated home in one of East Lake's premier communities!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017