5035 PINELAKE ROAD
About This Property
Some of the newest features include; brand new blue marble encompassing the entire lanai and waterline tile around the pool, new pool heat pump with a 5 year transferrable warranty for year round enjoyment, custom woodwork and millwork throughout the home, and customized paint throughout. The gourmet kitchen is the perfect place for entertaining with high end features including; Top of the line KitchenAid stainless steel appliances, granite countertops, an oversized island for prepping and entertaining, 42" custom cabinetry and crown molding for timeless elegance, Gas Cooktop, built-in wine rack and wine cooler for added convenience along with an in and out window perfect for backyard pool parties for easy pass through.
Step into your Primary Suite serving both a tranquil and serene private retreat offering stunning views of the pool area, a spa like ensuite bathroom with a freestanding soaking tub, luxurious shower featuring five super jets, dual vanities with custom finishes for a touch of sophistication. Each additional bedroom was carefully designed with privacy and comfort in mind, including one with an ensuite bathroom, and two more separate bedrooms both with a shared bathroom. When being a part of World Class Golf and Tennis Community, Saddlebrook you'll have access to world class amenities including two Arnold Palmer designed championship golf courses, 45 tennis courts frequently used by professional athletes and Saddlebrook Preparatory School, a renowned academy for junior athletes.
Saddlebrook Resort is undergoing a remarkable $90m+ renovation which already has begun by Mast Capital, brining exciting upgrades to the community. With a newly designed clubhouse, a redesigned 27-hole golf course, and brand new shopping and dining district at the communities entrance, now is the perfect time to invest in this highly sought-after neighborhood. Don't miss this rare opportunity to own an already remodeled home, a true piece of luxury in this unique setting of resort living in Saddlebrook. Schedule your private showing today and discover the elegance, comfort and exclusivity this home has to offer.
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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.
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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 Fairway Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017