444 Sonoma Isles Circle
About This Property
The covered screened entry opens to an open concept split floorplan with a neutral color palate to fit any decor. Off the foyer, glass French doors lead to flex space that could be used either as a home office or den.
The gourmet Kitchen has Kitchenaid stainless steel appliances, upgraded cabinets, granite countertops, subway tile back splash and a huge center island that comfortably seats 4. The light filled dining area has zero corner sliders that open up to the covered lanai. The 20' x23' Great Room has 11' coffered ceilings w/ crown molding, is perfect for small family gatherings or entertaining a large group of friends. The beautiful wood-look porcelain tile extends from the house out onto the lanai, seamlessly connecting the outside in. (Lanai also has footing and gas line and is permitted for gas fireplace with stone surround at extra cost to buyer.) The remote control motorized screen opens onto the private lushly landscaped yard, with free-form saltwater pool and spa, summer kitchen, outdoor shower, and a view of the lake and preserve that you have to see to believe. Have a cocktail sitting on the built in bar stools in the pool and watch the sun setting behind the palm trees, and you will feel like you are on vacation all year long.
The enormous owner's' suite with 11' coffered ceilings, master bath with soaking tub & shower with frameless glass, double sink vanity and large WIC. 2 additional guest bedrooms, and 2 full baths, laundry room, 2 car plus golf cart garage complete this home. With Impact windows, and full house 22K generac generator this home has it all and more.
Expansive Community clubhouse with on site property management, mailroom, fitness room, activity room, community room, kitchen, Tennis & pickleball courts, playground, Resort style pool and spa with BBQ grills and gas firepit grouping.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017