7531 Windy Hill COVE
About This Property
As you step inside, you immediately notice the open great room leading to a beautiful chef's kitchen, with gas cooktop, large SPACIOUS ISLAND, quartz countertops, and separate breakfast nook looking out to the lanai and lake view. The engineered hardwood flooring flows throughout and is a key design feature of the space. This "Verona II' plan by Neal Signature perfectly captures the Florida sunshine making a light, bright, and inviting atmosphere throughout.
The right side of the home features 2 bedrooms and a DEN/OFFICE, as well as two full bathrooms and a laundry room with extra storage. The sizeable owner's suite located on the opposite side of the home, features TWO WALK-IN CUSTOM CLOSETS, a large bathroom with DUAL VANITIES, and a soaking tub.
Lounge outside on the peaceful lanai while soaking up the sun and lake views. Grill at the outdoor kitchen or just enjoy the HEATED POOL with a recently re-screened cage. The two-car garage is epoxy coated and includes convenient custom storage options.
"Windy Hill" is a quaint CUL-DE-SAC neighborhood within Country Club East with close proximity to one of the Lakewood Ranch Golf & Country Club's restaurant facilities, "The Lodge", its pickleball courts, and one of its three golf courses (all available through separate membership which is not a requirement to live in CCE).
Country Club East ownership provides all residents the use of three community pools, a fitness center, community clubhouses, member coordinated social events, and gated entry. Windy Hill is also in a MAINTENANCE-FREE section of CCE, so your lawn, shrub, and irrigation maintenance are included in the HOA.
Conveniently located in an A+ RATED SCHOOL DISTRICT (Willis Elementary, Nolan Middle, Lakewood Ranch High), and a short drive away to Lakewood Ranch Main Street, the new Waterside Place, shopping or dining at UTC, and easy access to I-75, don't miss this opportunity to call Country Club East "home"!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017