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5327 N Mallows Circle
About This Property
This exceptional 4-bedroom, 3-bath home offers the perfect blend of style, space, and functionality, sitting at 96 feet above sea level, on a private acre in the highly desirable Pine Ridge Estates, providing peace of mind with no flood insurance required and safe from storm surge. Designed with today's buyers in mind, the home features an open floor plan and a sought-after three-way split bedroom layout for maximum comfort and privacy.
At the heart of the home is a beautifully appointed designer kitchen, complete with quartz countertops, a large walk-in pantry, soft-close cabinetry, glass subway tile backsplash, and a spacious single-level island-ideal for both everyday living and entertaining. The adjacent breakfast nook overlooks the pool and backyard, creating the perfect spot to start your day.
The primary suite is thoughtfully positioned and connected to a dedicated laundry room for added convenience. Guests will appreciate the ensuite bedroom with dual-purpose pool bath, while a separate hall bath serves an additional guest bedroom. A versatile flex space, currently used as a home office, can easily function as a fourth bedroom.
Step outside to your own private retreat. The screened lanai and saltwater pool are surrounded by paver decking and extended outdoor living areas, including an open-air patio with a firepit and ambient lighting, as well as a tiered Trex deck-perfect for relaxing or entertaining. The fully fenced backyard offers plenty of space for pets and play, all framed by mature trees for added privacy.
Additional highlights include tall ceilings, double-door entry, luxury vinyl plank flooring, upgraded lighting and ceiling fans, energy-efficient double-pane windows, enhanced closet systems, abundant storage throughout, and much, much more.
Car enthusiasts and hobbyists will love the 4+ garage bays, featuring an attached 2-car garage plus an oversized detached 2-car garage currently used as a workshop.
All of this, nestled among other stately homes in Pine Ridge Estates-offering space, privacy, and a true sense of community. Pine Ridge is conveniently located in the center of Citrus County in the greater Nature Coast area. Just minutes from the Shoppes at Black Diamond, entrance to the Suncoast Expressway, 15 minutes from Crystal River, 20 minutes from downtown Inverness, 30 miles from Ocala, 1 hour from Gainesville, and 1 hour to Tampa International Airport. Truly a great location! Don't delay, schedule your personal 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%.
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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.
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 Pine Ridge
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$1,850 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017