50 TESORO Terrace
About This Property
Make your way into this stunning home through the foyer and into the open concept of the great room, dining area and chef kitchen that flows out to the outdoor oasis. The great room features custom built ins for all your entertaining needs and crown molding throughout. The Chefs kitchen is equipped with stainless steel, double ovens, under cabinet LED lightening, counter push button garbage disposal, beautiful tile backsplash, soft close cabinets and drawers. The home also has a Sonos 5 room music system (MBR, MASTERBATH, POOL AREA, OFFICE and GREAT ROOM). The Master Suite has plenty of space for a king size bed and sitting area, an enormous amount of space in the customized walk-in closet. All the bathrooms have custom framed mirrors and fully tiled bathtub/ showers. Right off the garage is the laundry room designed for convenience with a sink and additional cabinets for storage. You even have a mudroom bench right outside the garage to hang coats and place your shoes. The garage couldn't be any less spectacular then the rest of the house with epoxy floors, keypad door openers outside the bays, mobile controlled irrigation system. A professionally designed workbench with cabinets. It even has custom racks for all your garden equipment. Lots of storage space.
The home has extensive upgraded landscaping with queen palms, robellini palms, mexican petunias to name a few along with viburnums for equipment privacy. The backyard showcases a HEATED AND COOLED pool with a built in gas fired spa which is fully automated overlooking a private pond and preserve area filled with beautiful trees and nature. Travertine lanai/pool deck fully screened to optimize year-round. This house has a whole house Generac Generator which could run the whole house including the pool.
CDD Bond is paid off, HOA-$1586 Annually includes basic cable, phone and internet with AT&T U-verse.
This home is in the ever popular community of Madeira and is packed full of every upgrade imaginable. A natural gas community, featuring a resort like amenity center with an oversize pool, fitness center, community room with fully functioning kitchen, luxurious restrooms and a fire pit. Great location within minutes to the historic town of Saint Augustine, Vilano Beach, grocery stores, shopping and easy access to all major routes including I-95. Don't Miss the opportunity to call this house home.
Owner is the listing agent. Schedule a private showing today.
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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