682 Clear Creek DRIVE
About This Property
The home underwent a transformative 2021 renovation, featuring new tile flooring on the first floor for a seamless, low-maintenance foundation. The open-concept design enhances continuity between living spaces, creating a sense of spaciousness. Upstairs, sleek vinyl flooring extends into bathrooms, while plush carpeting adorns the five bedrooms.
The in-law suite shower boasts contemporary re-tiling, and the entire home flaunts a fresh, modern color palette. Stylish details, from new hardware to chic light fixtures, showcase thoughtful design.
The kitchen, a functional and stylish focal point, boasts three spacious pantries, ample cabinet space, and two granite-topped islands. Stainless appliances, a new electric stove, and dishwasher add to the upgraded features.
Step into the outdoor oasis with a private pool and lanai, blending seamlessly with the natural preserve. The solar-heated pool, surrounded by stone pavers, invites relaxation and entertainment. The lanai, with newly painted bronze metal frames, offers a bug-free barrier and picturesque views.
The master suite exudes comfort and luxury, featuring a spa-like ensuite with modern fixtures, a deep soaking tub, and a 10x12 walk-in closet. The private balcony provides breathtaking views of the pool and preserve.
The bonus room is an entertainment haven, furnished with plush theater seats for optimal comfort. A dog run adds convenience to this move-in-ready residence.
Located near A+-rated Pine View School, shopping centers, beaches, and more, this home offers convenience. A new hot water heater, updated 2 zone a/c unit, and Kevlar window screens enhance energy efficiency and hurricane defense.
This residence is a testament to meticulous care, combining modern convenience with warmth and comfort in an extraordinary Osprey locale
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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%.
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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