548 TIMBER RIDGE DRIVE
About This Property
Inside, you'll find soaring vaulted ceilings, a cozy double-sided wood-burning fireplace, and an open-concept layout that flows seamlessly between the living and dining areas. The large upgraded kitchen features stainless steel appliances, ample counter and cabinet space, a built-in desk area, a large breakfast bar with seating, and a dinette area overlooking the family room, making it perfect for entertaining. You'll also love the flexibility of a formal dining room and a formal living room, ideal for gatherings or creating your own dedicated workspace.
The split floor plan offers enhanced privacy. On one side of the home you have a beautifully upgraded primary suite, with a barn door entry to the spa-like ensuite bath, featuring a dual sink vanity, jetted tub, a glass enclosed shower with sky views and a large walk-in closet. On the other side of the home you will find three generously sized secondary bedrooms and beautifully upgraded pool bath. Step outside through French doors to your own fully fenced private backyard retreat, complete with a sparkling pool, covered pavered patio and plenty of outdoor space to relax or play.
Enjoy peace of mind with a brand-new roof (2024), and take advantage of the home's prime location just minutes from top-rated Seminole County schools, Wekiwa Springs State Park, the Seminole Wekiva Trail and a variety of shopping and dining options. Sabal Point is known for its rich natural environment. The community is adorned with lush greenery, scenic views and parks, making it a paradise for outdoor enthusiasts.
This move-in ready home truly checks all the boxes - schedule your private 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%.
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017