4493 Country Road
About This Property
and NO HOA. This charming residence features 4 bedrooms, 2 baths, a refreshing pool, and plenty of room for your beloved horses and chickens.You'll be greeted by a picturesque landscape, with lush greenery and mature trees adorning the expansive yard. Step inside, and you'll be struck by the warm and welcoming atmosphere. The spacious living area boasts natural light that overlooks the sprawling grounds. The open floor plan seamlessly connects the living room, dining area, and kitchen, making it ideal for hosting. Roof replaced in 2016 includes transferrable warranty. Home is on city water!! Step back outside into your own private paradise. The sparkling pool beckons you to take a refreshing dip on hot summer days, and the surrounding patio is perfect for sunbathing or hosting memorable outdoor gatherings. Beyond the pool area, the vast yard presents endless possibilities. Bring your horses and let them roam freely in the designated area, or create a charming chicken coop for those who enjoy the company of feathered friends.'||chr(10)||'Lake Washington, known for its natural beauty, is just a short distance away, offering opportunities for boating, fishing, and serene walks along the water's edge. The location provides easy access to nearby amenities, schools, shopping centers, and major roadways, ensuring a convenient lifestyle for you and your family. The beaches Nasa and Orlando just a short drive.'||chr(10)||'Do not miss the chance to make this 4 bedroom, 2 bath pool home on over 1 acre lot in Lake Washington, FL, your own slice of paradise. Embrace the tranquility of country living, while still being within reach of all the modern conveniences. Schedule a viewing today and start envisioning your new chapter in this idyllic haven.
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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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About Melbourne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017