753 SANDY BAR DRIVE
About This Property
The gourmet kitchen is a dream, featuring 42" cabinets, granite countertops, soft-close drawers, double convection ovens, and a large center island with bar seating that opens to the expansive great room-ideal for entertaining. A walk-in pantry adds even more convenience to this well-designed space.
Just off the foyer, you'll find a formal dining room bathed in natural light, perfect for gatherings. On the main floor, a 5th bedroom, complete with a large walk-in closet and double french doors can easily serve as a guest suite or office. There is also an abundance of closet space throughout the home, including a large closet under the stairs, providing additional storage options.
Upstairs, the large open loft area provides additional living space, while the spacious master suite offers a private retreat with dual vanities, granite counters, a separate shower and tub, and two very large walk-in closets. Three more bedrooms and a full bathroom are located on the other side of the home, along with a convenient upstairs laundry room.
Enjoy the extended covered and screened lanai, pre-wired for fans and lights, offering the perfect space to entertain or relax on spring evenings. The fully fenced yard ensures privacy and provides a safe area for pets to play. The home also features a 3-car garage, offering plenty of space for vehicles, storage, or a workshop.
The Johns Lake Pointe community offers a range of amenities, including a clubhouse with a fitness center, tennis courts, a playground, and a community pool. Ideally located near Tucker Ranch and the Johns Lake Conservation Area, this home is just minutes from downtown Winter Garden, Winter Garden Village, schools, shopping, restaurants, and easy access to SR429.
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Aerial video: https://vimeo.com//816c614c7f?share=copy
| 3D Tour: https://nodalview.com/s/1zTeI9tL9F1R14Qh0pzgUz
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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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About Johns Lake Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017