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5207 NEW SAVANNAH CIRCLE
About This Property
This 3-bedroom, 2-bath home features an open floor plan that seamlessly connects the living, dining, and kitchen areas, creating an inviting space ideal for entertaining. The great room is complemented by vaulted ceilings, and the formal dining room adds an elegant touch to the home. Upgraded flooring throughout enhances the home's appeal and adds a touch of luxury.
The kitchen is equipped with a water filtration system at the sink, while the entire home benefits from a water softener, providing convenience and improved water quality throughout. The primary bedroom includes a custom California-style closet, offering ample storage and organization.
Step outside to enjoy the large, fully fenced PVC yard, complete with a separate dog run - perfect for pets or additional outdoor activities. The sprinkler system is connected to reclaimed water, promoting sustainability and cost-efficiency. Additionally, the home is equipped with six French drains scattered across the yard, ensuring excellent drainage and preventing standing water - the owners have never had water issues!
The home also boasts a covered patio and screened enclosure, extending your living space outdoors and offering a great spot for relaxation or entertaining.
As an added bonus, the roof is only 2 years old, and the A/C unit is 7 years old, providing peace of mind for years to come. With an HOA fee of $122/month, you'll enjoy benefits like high-speed internet, Wi-Fi through Spectrum, and access to community amenities such as a pool, playground, tennis courts, and basketball courts. Plus, there are no CDD fees!
Conveniently located near I-75, major highways, shopping centers, restaurants, and entertainment, this home is perfect for those seeking both tranquility and easy access to the best of Wesley Chapel and Tampa.
Don't miss your chance to own this exceptional home with all the upgrades and amenities you've been looking for! Schedule your private showing today.
Buyer and/or Buyer's Agent to verify all information. All information is presumed accurate but not guaranteed.
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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.
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About New River Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017