5369 Grove Mill LOOP
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| Apr 26, 2024 | In contract | - | |
| In contract | |||
| Apr 23, 2024 | Price Decreased |
$675,000
↓ $25K
(3.6%) | |
| Price Decreased | |||
| Mar 28, 2024 | Listed by DOWNING FRYE REALTY, INC. | $699,999 | |
| Listed by DOWNING FRYE REALTY, INC. | |||
| | |||
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Welcome to your Florida Oasis ! 5369 Grove Mill Loop has been FULLY UPDATED with no detail spared & is on arguably the BEST LAKE LOTS in the community with WALKING DISTANCE TO THE AMENITIES! ROOM FOR A POOL! This home has 4 bedrooms, 3 BATHROOMS, a POWDER BATHROOM, a MULTIGENERATIONAL ROOM, a DEN, and a 3 CAR GARAGE! Walking into the home you will be welcomed by the decorated foyer & custom light fixture. The long entryway hallway features tasteful millwork and plenty of space to hang family photos! Moving into the main living space buyers will appreciate the OPEN CONCEPT while having SPLIT BEDROOMS so everyone has their privacy. The chef’s kitchen, with all STAINLESS STEEL APPLIANCES, a LARGE PANTRY, plenty of cabinet space, upgraded pendant lights, and opens up to the eat-in-kitchen w/ a CUSTOM BANQUETTE BENCH w/ STORAGE. Your large family room is upgraded with a shiplap focal wall, woodwork in the ceiling, and welcomes the STUNNING, TRANQUIL LAKE VIEW. Enjoy the MORNING SUN in your SCREENED IN PATIO as you appreciate the CALMING effect of the lake, without the afternoon sun beating down. The traditional, formal dining room has been enclosed to create the PERFECT DEN w/ GLASS FRENCH DOORS! The Primary Suite offers two sinks, a walk-in shower, and a LARGE CLOSET! The front bedrooms are a jack-n-jill, where the bedroom doors leading to the bathrooms are upgraded to a POCKET DOORS to save on space. The jack-n-jill bathroom has a shower/tub combo and the builder grade mirrors have been replaced with timeless, white framed mirrors. The 4th BEDROOM en-suite with a WALK-IN SHOWER, also embodies the MULTI GENERATIONAL SUITE, that is perfect for any family member or guest! Every WINDOWS has CUSTOM WINDOW TREATMENTS and every BATHROOM has added ORGANIZERS! The LARGE LAUNDRY ROOM has added cabinetry and a stone countertop! The POWDER BATHROOM transports you to your favorite 5 STAR HOTEL with the PALM WALLPAPER, WAINSCOTING, CUSTOM PAINT on the cabinets, & a DESIGNER MIRROR. The 3 CAR GARAGE has room for CARS, TOYS, & STORAGE! The new owner will also appreciate the upgraded LANDSCAPING that has been done to further create the perfect oasis! Solera at Lakewood Ranch is a sought after community with LOW HOA fees, a COMMUNITY POOL, & gathering spaces!
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| Aug 15, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017