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6096 PHEASANT RIDGE DRIVE
About This Property
2025 HVAC and water heater, 2024 ROOF, and 2021 pool enclosure with privacy shades. The pool was just resurfaced in 2024. The outdoor area here is truly unique in that you're offered complete privacy from every square inch of the pool deck. Expansive 23x10ft covered lanai with roll-down shades is a perfect place for morning coffee or an evening drink. This home is situated on an exceptional lot with no rear neighbors - a rare find in any development. HOA common area abuts the rear property line and has been manicured to perfection for a beautiful line of sight from the pool area. Indoors you'll find an extremely functional floor plan with the kitchen overlooking the main living area in the heart of the home with real wood cabinetry, quartz countertops, tile backsplash, newer appliances, under cabinet lighting, and plenty of pantry & counter space. Luxury vinyl and tile throughout - no carpet! Primary suite and full guest bathroom both have direct pool access. Split bedroom floor plan with the true 4th bedroom easily functioning as an additional living, bonus room, office or playroom if that better suits your needs. Sterling Chase is a well-established, beautiful neighborhood located near the Port Orange Pavilion and just minutes to area beaches, grocers, nightlife, restaurants and public parks. This home is NOT located in a flood zone. Current school zoning: Cypress Creek Elementary, Creekside Middle School and Spruce Creek High School.
All information, room sizes, and lot sizes in this listing are intended to be accurate but cannot be guaranteed. Buyers and agents are always encouraged to perform due diligence.
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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