5130 Lake Bluff Circle
About This Property
This custom one owner home, perfectly situated, on arguably the most beautiful, private 4 acres. At the bottom of the property you'll enjoy the waterfront living off of your private dock on Merritt's Mill Pond. Step inside this 5 Bedrooms, 3.5 Bath home with Office, to discover a beautifully designed interior with features such as coffered ceilings, crown molding, and built-in bookcases. The kitchen is a chef's delight with a kitchen island, pantry, double oven, gas cooktop, and stainless steel appliances. Enjoy the convenience of a First floor spacious primary bedroom. It boasts a luxurious en-suite bathroom and ample closet space. The private split floor plan allows the additional 4 bedrooms to be upsta productivity. Or study time in the Home Office. Outside, a spacious porch for outdoor entertaining, even a gas hook up for your grill. Looking out you'll see rolling green grass, and down below you'll find a dock for enjoying the water.The property also includes a 2-car attached garage and lots of additional driveway parking. Don't miss out on this incredible opportunity to own a waterfront oasis in Marianna. Schedule your 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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 17, 2024 | Sold | ||
| Sold | |||
| Jul 7, 2024 | Listed by ERA Neubauer Commercial | $649,000 | |
| Listed by ERA Neubauer Commercial | |||
| Jun 8, 2024 | No longer available | - | |
| No longer available | |||
| Dec 17, 2023 | Price Decreased |
$649,000
↓ $20K
(3%) | |
| Price Decreased | |||
| Jul 14, 2023 | Listed by Chipola Realty | $669,000 | |
| Listed by Chipola Realty | |||
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Large executive WATERFRONT home located in a Golf Course subdivision on 4.05 acres. This beautiful home sits on Merritt's Mill Pond which spans 4 miles in length and has been known for its crystal clear waters and world class fishing. The home features an elegant foyer as you walk through the front door with the formal dining room to the right and opensinto the large living room with built-in entertainment center. Overlooking the living room is the breakfast room and kitchen that features custom cabinetry, granite counter tops, a big island with a gas cook top in the middle, and a peninsula for seating guest as dinner is prepared. The master suite includes a spacious bedroom with his and her walk-in closets and separate vanities in the bathroom, a jacuzzi tub/spa area overlooking the large back yard, a tiled walk-in shower, and wet room. Upstairs there is a spacious landing area, four nice sized bedrooms that each feature long dormer window areas, a Jack-n-Jill bathroom, and a second bathroom with access to the landing area and a bedroom. Downstairs there is also an office and a customized laundry room with plenty of built-ins. Walk out back onto the covered porch with plenty of space for entertaining while over looking the beautiful back yard that descends down towards the water. The home sits up on top of the lot so that you can enjoy the water for the day and then come up to enjoy the peaceful afternoon in your back yard oasis with an abundance of wildlife wandering across the property. Some clearing would need to be done to be able to potentially see the water from the house. Owners have a path mowed down to the dock on the water. The lot borders 24 acres of state property with 1800 feet of water frontage that acts as a buffer on one side. The county is currently in the process of providing public water and sewer to this location with construction to be completed within a couple of years or less. Call today for more information. The manager has listed the unit size as 3936 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017