408 Macgregor ROAD
About This Property
This ONE owner, meticulously maintained, open floor plan home with TONS of upgrades, backing up to a conservation area, will WIN you over the minute you step inside. Beautiful luxury vinyl plank flooring thru out the downstairs ( and even engineered hardwood in master bedroom) THE dream kitchen with GRANITE countertops, solid wood cabinets, tons of storage along with lots of counter space. The open plan provides for a great flow from the kitchen ( with bar seating ) into the family room, making it the place everyone will want to gather. The family room has a custom built in wall unit as well as an electric fireplace!
Just a few of the in home upgrades :
Whole house water filtration system with water softener
Upgraded Pella Impervia fiberglass windows and sliding glass door
Upgraded hurricane impact garage door
Upgraded attic insulation
Plantation shutters in the living room
Textured ceilings and ceiling fans throughout the home.
Security cameras and DVR
Large two car garage with plenty of shelving and storage.
And the outdoors !! Where to begin ... in your backyard >>>HUGE PAVERED AREA
A MASSIVE outdoor screened lanai area just waiting for your evenings outside
Very low maintenance landscaping with ground cover
An area of K9 synthetic dog grass in back for your furry friends.
Vista landscape lighting throughout.
Fenced in yard
Irrigation system using reclaimed water
This sought after community has so much to offer:
Biking and walking trails
Both adult and kiddie pools
Parks
Tennis courts
Pickle ball courts
A clubhouse
Easy access to Cross Seminole Trail with miles of biking and walking paths
And if you don't know all of the great things about the city of Winter Springs, just google to find they host so many great community events, like the Scottish Highland games or wonderful holiday events at the town center just a couple miles away from the house. It still has the "small town" feel about it and they take great pride in keeping it that way.
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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