7418 BAYWOOD FOREST CIRCLE
About This Property
The spacious primary suite features cathedral ceilings, laminate flooring, two walk-in closets, a double vanity with dual sinks, skylight, walk-in shower, and linen closet. The second bedroom offers high ceilings, laminate flooring, and a large walk-in closet, while the second bathroom is bright and neutral with a tub/shower combination and white vanity. Enjoy year-round comfort in the enclosed back lanai with heat and air, tile flooring, and new vinyl acrylic windows installed in 2022 that slide open, showcasing the beautiful golf course and water views.
Additional features include new heavy-gauge gutters, windows replaced in 2016, a garage door replaced in 2016, HVAC replaced in 2015, and a roof installed in 2010. The screened garage includes a painted floor, built-in cabinets, and pull-down attic stairs. This home also includes a golf cart with brand-new lithium batteries (10-year lifespan). ***DOG FRIENDLY VILLAGE-ONE DOG***
Located in Timber Pines, residents enjoy four championship golf courses, geothermal heated pools, pickleball and tennis courts, a multimillion-dollar fitness and wellness center, pro shops, a full-service restaurant, performing arts center, and a wide variety of clubs and activities, all within a beautifully maintained, gated community. This move-in-ready home offers true resort-style living.
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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.
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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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About Timber Pines
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017