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8071 CANYON LAKE CIRCLE
About This Property
Welcome to 8071 Canyon Lake Circle, an exceptional solar powered pool home in the highly desirable Marble Head community on the edge of Windermere. Meticulously maintained and set on one of the community's best lots, this home offers privacy, stunning views, extensive upgrades, and a backyard setting that is nearly impossible to duplicate.
Curb appeal is immediate with an extra long paver driveway providing ample parking, along with professional landscaping and paver walkways leading to the front entry and wrapping around to the pool. Whole home gutters and plantation shutters reflect the care and quality throughout.
Inside, abundant natural light fills a large living room anchored by a wood burning fireplace. Wraparound windows frame the backyard oasis and scenic views. A private dining room sits to the right, while a flexible office or bonus room with barn door access to the left could easily serve as a 5th bedroom.
The living room flows into a well designed kitchen with center island and newer appliances. A nearby breakfast nook with powered blinds offers another relaxing space to enjoy the views.
The backyard is the true highlight. A screened pool with waterfall features is surrounded by an expansive pavered deck and lanai. Beyond the pool, the view opens to a peaceful pond, rolling hills, and wooded scenery, creating a rare and private retreat. A stained wood ceiling enhances the outdoor living space.
The oversized primary suite captures these same views and includes a double sided wood burning fireplace, sitting space, and private pool access for a true indoor-outdoor experience.
This solar powered home offers exceptional efficiency with electric bills averaging about $42 per month. Additional features include newer appliances, laundry cabinetry and sink, 2.5 car garage, 2020 roof, updated HVAC and water heater, newer pool heater, plantation shutters, powered blinds, extensive pavers, two fireplaces, whole home gutters, and a water softener.
Located in Marble Head, residents enjoy a low HOA and access to a park and basketball court, with easy access to Windermere shopping, dining, and major roadways.
This is not a cookie cutter home. With unmatched views, resort style pool, oversized primary suite, solar efficiency, and one of the best lots in the community, 8071 Canyon Lake Circle is truly one of a kind.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017