475 Polihale Way
About This Property
Step inside to find an array of impressive features, including stunning light gray wood grain porcelain tile flooring, gleaming quartz countertops, and elegant 5" crown molding. The 8 foot doors and impact-resistant windows and doors offer both style and protection against Florida's weather. The gourmet kitchen is a chef's dream, complete with a premium stainless steel appliance package, including an induction/air-fryer range and refrigerator by KitchenAid, a spacious pantry with custom built California Closet shelving, a central island, and 42" built-in cabinets with soft-close mechanisms and under-cabinet lighting.
Each of the three bedrooms is carpeted for added comfort, with the master suite featuring two generous walk-in closets with custom California Closet shelving and a spa-like master bathroom with dual sinks and a walk-in shower. All of the bedrooms are equipped with upgraded walk-in closets and fan fixtures. The in-residence laundry room is thoughtfully designed with a laundry sink, built-in cabinets, and a Whirlpool washer and dryer for your convenience.
Additional upgrades enhance the home's elegance and functionality, including plantation shutters on all windows, an accent wall in the primary bedroom, a driveway and patio extension, and added slider door handles. The lanai features a privacy screen for added seclusion, while the home is secured with an ADT security system.
The Tamarindo community is an emerging gem, offering an array of amenities including a resort-style lap lane pool, a state-of-the-art fitness center, and multiple bocce and pickleball courts. With low HOA fees, flexible pet policies, and the ability to add fencing for your children and pets, this luxurious home is the perfect sanctuary for discerning buyers and their furry companions. Experience the best of upscale living in this exceptional lakefront property.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2025 | Sold | ||
| Sold | |||
| Apr 6, 2025 | In contract | - | |
| In contract | |||
| Mar 10, 2025 | Price Decreased |
$625,000
↓ $45K
(6.7%) | |
| Price Decreased | |||
| Feb 6, 2025 | Relisted | $670,000 | |
| Relisted | |||
| Jan 31, 2025 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017