697 STONEFIELD LOOP
About This Property
a fully equipped New Kitchenaid appliance package which includes (60" Rangehood, 48" Gas Cooktop, 48" Built-in Refrigerator, Wine Cooler, Wall Built-in microwave combo), Custom Cabinetry with Soft closing doors, Elegant Taj Mahal Quartzite countertops, full Backsplash, and Oversized Islands! Master bedroom sits on the rear of the office with Plenty of space along a luxury bath that has the largest tile 72" X 48" throughout with a freestanding tub, big shower, double vanity with all drawers, and extra width of the countertops and a large customized walk-in closet. There is 1 Suite and 2 bedrooms and 1 bathroom at the end of the other side along the hallway. The patio has a large covered lanai, and the huge pool is the perfect home for entertaining.
Over $600K Upgraded including High quality New Windows and Doors/Pocket/Sliding Doors with that are Florida approved and Exceed 130 MPH Wind Ratings and Energy Star with Manufacture Lifetime Warranties! New Large Tile Flooring and New Engineering Hardwood Flooring throughout.
Pinewood Crown Moldings, trims and baseboards! New landscaping, pool screen and new painting outside and inside including ceilings! Quartzite countertops throughout all baths, kitchen and laundry. New Gas water heater, softener system, water filter, washer dryer.
Re-Piped! New insulation! New pavers for the driveway and walkway! New Gutters! , gutters, maintained the tile roof, New light textures and ceiling fans, etc. Heathrow is a desirable community in Central Florida! It offers many amenities. The Homeowners' Association including Parks, playgrounds, multi-purpose fields, and more! Heathrow Country Club memberships are also available for golf, pool, tennis etc. Close to I-4, 417, wonderful schools, fine restaurants, shopping plus miles of walking and bike trails!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017