4009 Cedar Cay CIRCLE
About This Property
This beautiful home sits on a cul-de-sac very close to the Lithia Pinecrest guarded gate. This four-bedroom three-bathroom masterpiece will blow you away. The brick driveway and landscaped front yard give you a simple glimpse of what awaits you inside. The same beautiful porcelain 9" x 48" tile runs throughout THE ENTIRE HOUSE! There is no carpet here! The kitchen is absolutely beautiful. White cabinets and gorgeous quartz countertops. A 10-foot center island is ready for the chef in you or the baker that needs to spread out.
All bathrooms have been redone and are beautiful, the master bathroom is a showstopper! All ceilings have been resurfaced, all lighting is new and most are LED, all electrical outlets and switches plus vent grills are brand new. All window trims and baseboards are brand new. The front-rear and exterior side doors are brand new. All interior doors are new including hinges and accessories. All cabinets in the laundry room are new including granite countertops. The house was painted a year ago. A new well recently installed for irrigation. Full perimeter inground termite protection with a transferable warranty is in place. Trees have just been trimmed. New Hot Water heater, New Garage Door Opener. There's nothing like this one available. Pool overlooks second fairway. Child safety fencing around the pool conveys. AC ducts resealed May 2021. Lanai rescreening completed within the last 12 months.
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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 River Hills Masters
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017