7601 Palmer Glen CIRCLE
About This Property
and Floraphile for all levels of Botanical Ardor! Ask for a list that the seller has prepared for both potted and in the ground plants and trees! Come check out this stunning 2600+ square foot, one story POOL HOME positioned on an oversized 1/3-acre lot near the end of a cul-de-sac and in the preferred "X" flood zone not requiring flood insurance. What greets you as you walk in the 8-foot-tall double doors is a STATELY foyer that sets the stage for a great and unique experience including double TREY CEILINGS with DOUBLE CROWN MOLDING! As you enter, there is a gorgeous formal living room ahead of you, an ample sized dining room to your left and a private study/den/library to the right with eight-foot French Doors, custom desk, tv with surround sound speaker and subwoofer. Your kitchen features a huge breakfast bar, a breakfast nook with aquarium windows overlooking the Lanai and POOL VISTA, Stainless Steel Suite of appliances, convection oven, plus a butler's pantry AND a large functional serving area. The East Wing is dedicated to the Master suite with double walk-in closets, palatial master bath and a private "back" access door to the den/library/study also accessible from the foyer. The west wing has a Jack and Jill set up with 2 bedrooms and a bath between them that can be an in-law suite with the pocket door ...PLUS in the back, a 4th bedroom featuring 2 corner windows and located across from the common area full bath that also serves as a "Cabana Bath" with direct access to the patio. From the kitchen, a Galley style laundry leads to the garage with a front load matching suite washer/dryer, with wash tub and build out closet. Large SALT WATER POOL with waterfall feature, water seating, beautiful paver pool deck, adjoining covered lanai space, Outdoor kitchen with granite counters and room to add a built in 22' grill, ambient string lighting and cabana bath. Your new home has custom draperies and window treatments throughout convey, Finial Ethernet, plenty of attic storage via garage, The garage currently houses a fantastic 4 person sauna, in very good condition. Your back yard is fenced and can serve as a dog run and garden. New paint outside and the HVAC replaced in 2021 AND has a new UV Light filtration The garage refrigerator conveys. Located very close to UTC, Nathan Benderson Park and Lakewood Ranch's Waterside Place. Don't miss this opportunity!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2024 | Price Decreased |
$699,000
↓ $50K
(6.7%) | |
| Price Decreased | |||
| Jul 8, 2024 | Price Decreased |
$749,000
↓ $51K
(6.4%) | |
| Price Decreased | |||
| Apr 19, 2024 | Listed by FINE PROPERTIES | $800,000 | |
| Listed by FINE PROPERTIES | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017