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5604 Schefflera Place
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%.
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 |
|---|---|---|---|
| Oct 30, 2021 | No longer available | - | |
| No longer available | |||
| Oct 29, 2021 | Sold | ||
| Sold | |||
| Sep 30, 2021 | Listed by Engel & Volkers Melbourne Central | $524,982 | |
| Listed by Engel & Volkers Melbourne Central | |||
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This updated amazing pool home is ready for its new owner. Located in sought after Cypress Creek on over an acre corner lot that is so peaceful and quiet with landscaping that provides privacy. You can move right in and not have to do a thing. This is the perfect layout for entertaining but private enough for the folks that work from home. Updated kitchen with quartz, stainless appliances and is open to the family room with beautiful fireplace. There is even a pass through serving area to the lanai and a large walk in pantry. The tall ceilings in the family room and kitchen area create such an open and airy feel. Open the sliders and you can extend your living space with the 443 sq foot Florida room. The formal living room is huge and separated from other living areas so this is aperfect spot for that work at home owner with this split plan. The master suite is a place of tranquility, with beautiful soothing colors, a large soaking tub in master bath, dual sinks and tons of counter space. Bedrooms 2 and 3 are a great size and both have window seats with storage.The outdoor space is just amazing with a sea breeze that comes from the east through the lanai and feels amazing. Relax in the pool and view some of the most amazing sunsets ever. The pool was designed in a way that the sun shines on the pool all day. The salt water pool has a beach area and umbrella, perfect for relaxing. The pool is even big enough to float on your kayak. Even Fido will love it here with the fenced yard and room to roam.The community has so much to offer with a brand new playground, community dock which is perfect for fishing, tennis courts and pickle ball. Hurricane shutters, new water heater and also a septic and drain field that was new in 2015 are just some of the upgrades. The property is close to the river and you can kayak and canoe just 2 miles from the home. Easy access to two public boat ramps too! Cypress Creek is known for its friendly neighbors, beautiful homes, and mature landscaping. You will find your neighbors walking their dogs in the evening on the extra wide roads. You will love the community feel of Grant, Home of the Grant Seafood Festival. The manager has listed the unit size as 2224 square feet.
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| Sep 16, 2021 | Listed by Engel & Voelkers Melb Downtown | $524,982 | |
| Listed by Engel & Voelkers Melb Downtown | |||
| Jan 29, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017