5731 HERONPARK PLACE
About This Property
From the moment you arrive, you'll appreciate the charming curb appeal and oversized driveway because let's be honest, nobody has ever complained about extra parking. Inside, soaring ceilings, crown molding, plantation shutters, and warm hardwood flooring create an inviting atmosphere throughout the spacious living areas. The flexible den just off the foyer is ideal as a home office, library, hobby room, or that room you promise will stay organized.
The bright kitchen is designed for both everyday living and entertaining, featuring abundant cabinetry, generous counter space, a center island, and an open flow into the dining and living rooms. Large windows fill the home with natural light while showcasing the tranquil outdoor setting.
The spacious primary suite is a true retreat with custom built-ins, a large walk-in closet, and an ensuite bath offering dual vanities and a walk-in shower. A split floor plan provides privacy for guests with a generously sized secondary bedroom and full bath so everyone gets their own space after a day enjoying all that FishHawk has to offer.
One of the home's standout features is the oversized screened lanai the perfect place to enjoy morning coffee, entertain friends, or simply relax while taking in the serene views of the pond, conservation area, and majestic oak trees beyond. Fair warning: you may find yourself spending so much time out here that your living room gets jealous.
Situated on a premium lot with no rear neighbors, this home is located in a gated, maintenance-free community, giving you more time to enjoy life and less time worrying about yard work. Residents enjoy all that FishHawk Ranch has to offer, including resort-style pools, tennis courts, playgrounds, miles of walking trails, and top-rated schools. This is low-maintenance living at its finest in one of Lithia's most sought-after communities where the hardest decision of the day might be whether to head to the pool or stay on the lanai a little longer.
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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 Fishhawk
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017