If you've been searching for a SINGLE-STORY Woodbridge condo with
no interior common walls, this is one to see. Located in the
Seasons neighborhood, 49 Summerfield offers 2 bedrooms, 2 full
baths and approximately 1,000 sq ft, plus an attached,
direct-access 2-car garage. Like most Seasons homes, it is attached
to only one neighboring residence, and the connection is at the
garage only, so there are NO shared interior living walls. Set on a
corner location, the home has a lovely front yard with mature
landscaping, rose bushes, a white picket fence and a covered entry.
Freshly painted throughout, the interior feels bright and clean
from the moment you enter. Recent improvements include a NEW HVAC
system, NEW windows and plantation shutters. The living room
features vaulted ceilings, recessed lighting and a white-painted
brick fireplace. Tile flooring extends through the main living
areas, while the adjoining dining area has a vaulted ceiling,
ceiling fan and plantation-shuttered glass doors opening to the
private back patio. The kitchen is open to the dining area and
features white cabinetry, black granite countertops, a tiled
backsplash, stainless steel appliances, recessed lighting, a
double-basin sink beneath a window and counter seating. Both
bedrooms have mirrored closet doors, and the primary bedroom also
features a vaulted ceiling, walk-in closet and direct access to the
patio. Both full bathrooms offer white cabinetry, black granite
countertops, tiled surrounds and glass enclosures. The private back
patio offers space for outdoor dining and lounge seating. The
location is another standout, close to Wintermist community pool,
spa and playground and near Woodbridge South Lake. Woodbridge
residents enjoy two lakes, beach lagoons, pools and spas, tennis
courts, new pickleball courts, parks, playgrounds and walking
paths. Alton Square Shopping Center and Woodbridge Village Shopping
Center are also nearby, offering restaurants, shopping and a movie
theater. NO MELLO-ROOS. Low HOAs: Seasons $253/month + Woodbridge
Village Association $157/month.
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.
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