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5898 SW 89TH PLACE
About This Property
The main living area seamlessly flows through triple sliding glass doors out to a covered lanai retreat equipped with sunshades. Beyond, step into your private, screened oasis featuring an in-ground saltwater pool with a cascading waterfall feature. Vinyl fenced yard.
The light-filled kitchen features stainless steel appliances, a breakfast bar, and an eating nook overlooking the pool. Dining room is equipped with large architectural windows equipped with plantation shutters. Located right off the kitchen is the indoor laundry/utility room includes a dedicated sink and leads to an oversized garage equipped with built-in storage cabinets and direct side-yard access.
The spacious primary suite features a large walk-in closet and a spa-like ensuite bath complete with dual vanities, a separate shower, and a relaxing whirlpool soaking tub.
Unmatched Features & Location Highlights:
Whole-Home Generac Standby Generator powered by an underground 500-gallon propane tank for seamless year-round power backup.
Lush Tropical Landscaping: Mature shade trees, vibrant rose gardens, and a private rear gate leading to a backyard bonfire area and walking trail through a hummingbird & butterfly sanctuary.
Prime Convenience: Under 1 mile to Publix, minutes to hospitals, and quick 10-minute access to I-75 and the World Equestrian Center (WEC). 2021 roof septic serviced 1/26
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Cap Rate Calculator
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