5303 Tulip Drop DRIVE
About This Property
Upon entering, you'll be captivated by the open-concept design and elegant plank tile flooring that flows throughout the home. The gourmet kitchen is a chef's delight, featuring 42-inch cabinets, a spacious butler's pantry, and an enormous walk-in pantry, making storage and meal preparation a breeze. The adjoining living area is perfect for entertaining, with easy access to the enormous screened-in lanai, where you can relax and soak in the tranquil pond views.
The master suite is a true sanctuary, highlighted by a luxurious spa-like walk-in shower and a thoughtfully designed layout with the laundry room conveniently located off the master closet. Bedrooms 2 and 3 share a well-appointed Jack and Jill bathroom, providing both comfort and privacy.
Bedroom 4 is located in its own private wing of the home, offering added privacy and convenience with access to a full bathroom, making it ideal for guests!
One of the standout features of this home is the versatile bonus storage space located above the 3-car garage. This area can easily be converted into a home office, hobby room, or additional storage, catering to your unique needs.
Medley at Southshore Bay is a highly active and welcoming community, offering a golf cart-friendly environment, a gated entrance with a gate guard for added security, and a clubhouse that serves as the hub of social activity. The clubhouse features a resort-style pool, a restaurant, and a bar, ensuring that the best of Florida living is right at your doorstep.
Don't miss the opportunity to make this exceptional property your own-your ideal Florida lifestyle awaits!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 11, 2025 | Sold | ||
| Sold | |||
| Jan 18, 2025 | In contract | - | |
| In contract | |||
| Dec 14, 2024 | Price Decreased |
$595,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Nov 19, 2024 | Price Decreased |
$599,900
↓ $8K
(1.3%) | |
| Price Decreased | |||
| Sep 19, 2024 | Price Decreased |
$608,000
↓ $2K
(0.3%) | |
| Price Decreased | |||
Property Highlights
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About Wimauma
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017