7424 Royal Oak DRIVE
About This Property
Welcome to your own private paradise and escape to this 4 bedroom, 3 bath pool home nestled in the tranquility of the Lake in the Woods Community. This true gem is waiting for you to uncover its secrets. Step into a world of spacious rooms, featuring a sprawling living area and a master suite fit for royalty. Dive into the shimmering pool and let your worries drift away while you bask in the Florida sunshine. Prepare delectable meals in your gourmet kitchen, equipped with solid wood cabinets and stunning granite countertops. Escape to your private master suite, boasting a luxurious spa-like bathroom with private access into the cabana style Florida room and pool are what dreams are made of. 4th bedroom was used as an office with it's own entrance. Surrounded by lush greenery and a serene lake, this community offers the perfect blend of modern convenience and natural beauty. Enjoy exclusive access to Lake in the Woods amenities, including tennis courts, a clubhouse, dog park and picturesque walking trails. Located in a sought-after school district, this home is perfect for families seeking quality education. When you're not enjoying the activities inside this community, you're conveniently located near restaurants and stores, within an hour to Tampa and just minutes to Weeki Wachee and all the beauty of the Nature Coast.
Don't miss this opportunity to live the Florida dream! Call to schedule your private tour today. Your new life of luxury awaits!
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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.
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017