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543 PINE LAKE VIEW DRIVE
About This Property
From the extra-long driveway and stepping into the foyer, vaulted ceilings and large ceramic tile greet you in the light and airy living room adorned with white wood paneled walls. Continuing into the dining room (currently set up as an office) the wood beams and arched window overlooking the covered back porch set the stage for quiet, intimate dinners. With a split bedroom plan, privacy is given to the primary suite with maple wood flooring, walk-in closet, and a 5-piece ensuite primary bathroom (double sink vanity, glassed-in tile shower, and enjoy soaking in the tub with lake views).
In the heart of the home is the family room and kitchen, with new LG stainless steel fridge (2025) and range (2021), offering the most magical Aladdin themed experience while sitting and enjoying the casbah feel all around you: the breakfast bar with wood shake roof is sure to be a favorite for family and friends. Two bedrooms and a hall bathroom are just off this space, while past the inside laundry room is the large office under heat/air (converted from one of the 2 garages).
Double French doors surrounded by faux "crumbling walls" lead to the real fun. Imagine drinking your morning coffee with the sun rising over the sparkling lake, bird song in the background as you take in the view from your own covered back porch and screened-in pool area. An oversized backyard offers tons of options for fun and activities. Only 10 miles from Disney World and 3 miles from I-4, you're close to all the attraction fun and yet once you're home, the world disappears in the calm sanctuary of this peaceful abode.
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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 Sunridge Woods
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017