75 Master DRIVE
About This Property
ULTIMATE PRIVACY AND SERENITY awaits you on this stunning lakefront property located in The Sands of Placida. Nestled on a double lot, this home boasts over 150 feet of pristine lakefront, offering a picturesque setting for relaxation and recreation. Immerse yourself in the daily tranquility of listening to the lapping of the water against the shore. If you delight in birdwatching, fishing, or simply unwinding in nature, you can indulge in these pleasures right in your own backyard!
As you step inside, you'll be greeted by soaring ceilings and an abundance of natural light that floods the space. The expansive kitchen, great room, and lanai boast raised ceilings of over 11 feet, complemented by a striking wall of rarely seen 10-foot, zero-degree glass sliders in both the great room and dinette area. This impressive feature not only frames spectacular waterfront vistas but also seamlessly blends indoor and outdoor living.
The 16-foot-high pool cage offers an unobstructed 62-foot panoramic view, allowing you to fully embrace the serene natural surroundings with picturesque lakefront scenery.
Designed with contemporary flair, the 2019 decor enhances the home's curb appeal with its coastal charm-from the pavered driveway and walkway to the elegant, stacked stone front and decorative double doors. Inside, you'll find stunning white sparkle quartz countertops and chic tile flooring throughout, along with extensive wall-to-wall cabinetry in both the kitchen and laundry area.
With over $125,000 in premium upgrades-including luxurious quartz counters, expansive kitchen and laundry cabinetry, 10-foot glass sliders, and a full home foam insulation package that promotes energy efficiency (LOWER energy bills), 62 ft of panoramic lakefront views, oversized 28-foot pool ALL on a double lot with dual irrigation systems-this home's amenities far exceed the asking price.
Not all homes are created equal. If you're seeking a piece of coastal paradise without the concerns of weather and water impact, this inland gem is perfectly situated. Just a 15-minute drive to multiple beautiful beaches, it boasts an impressive 11.5-foot elevation, resulting in significantly lower insurance premiums.
This modern residence is generator-ready and weather ready with concrete block walls, insulated Ceilings and walls, a Layer Lock Resistant shingle roof, impact windows and doors, a 12-foot shutter system, and a high-velocity lanai structure secured with foundational anchor bolts-eliminating the need for extensive weather preparations.
Don't miss this opportunity to own a remarkable home that embodies the best of coastal living!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017