5854 FAIRWOODS CIRCLE
About This Property
Step inside and enjoy an open, natural light-filled space. The remodeled kitchen features new Bosch appliances (2024), updated hardware (2023), and a whole-house filtration system (2023)-perfect for preparing meals and entertaining. Retreat to the expansive primary suite, complete with a spacious walk-in closet for all your wardrobe needs. Both bathrooms have upgraded every faucet, valve, and fixture.
This home is loaded with more recent updates: including new exterior paint, a new water heater, epoxy garage floor, and outdoor landscape lighting that enhances curb appeal. The new tile roof and gutters ensure lasting durability and affordable insurance rates. Additional upgrades:new exterior spigots, built-in Murphy bed, generator quick connect and upgraded electric panel, new hurricane shutters, as well as a Type 2 (220) electric car charger, add convenience and functionality.
Enjoy the Florida lifestyle on your huge, oversized lanai-the perfect setting for relaxing or entertaining outdoors! The community fee covers landscape maintenance, so no more yard work!
Living in Palm Aire means access to an array of amenities through a variety of membership options at the nearby Country Club. Enjoy tennis, pickleball, golf, heated saltwater junior Olympic pool, pedal courts, and on-site dining. The fitness center is equipped with Cybex weight training, free weights, and a wide selection of cardiovascular equipment to suit every fitness goal.
With its prime location, attention to detail, and extensive list of improvements, this move-in ready home is an incredible opportunity to own in one of the area's most sought-after communities. Schedule your private tour today and experience the lifestyle you've been dreaming of!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017