Move-in ready and impeccably maintained, this beautiful one story
3-bedroom, 2-ba single family home is located in the highly
desirable Bay Estates community! Step inside to discover a bright
and airy open-concept layout featuring soaring vaulted ceilings and
oversized glossy porcelain tile flooring throughout. The freshly
painted interior and brand new baseboards is complemented by
thoughtful upgrades, including a 2024 A/C system and water heater,
upgraded ceiling fans, refreshed trimmed palm trees and new mulched
landscaping. All windows have accordion shutters for full hurricane
protection. The beautifully upgraded kitchen showcases brand-new
white shaker cabinetry, stunning granite countertops, and white
appliances, all perfectly positioned to take in the tranquil lake
views. Water views from the kitchen, living room, and
spacious primary suite, create a serene atmosphere throughout the
home. Both bathrooms have been tastefully upgraded, including a
brand-new white vanity in the secondary bath. The spacious primary
suite offers a double vanity and a walk-in shower with a built-in
bench for added comfort and functionality. Step outside to the
covered screened in patio, an ideal space for relaxing or
entertaining while enjoying the peaceful surroundings. Residents
also enjoy step away access to the community pool and playground,
making this home perfect for enjoying the Florida lifestyle. The
oversized driveway, low HOA of only $93/month, zoned to top-rated
schools, and the ability to rent immediately after purchase, makes
it an excellent option for both homeowners and investors. Schedule
your showing NOW!!
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.
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