8128 CANDLEWOODE DRIVE
About This Property
Step inside to discover an inviting open floor plan with new luxury vinyl plank (LVP) flooring in all bedrooms, providing both elegance and durability. Newly installed French doors invite you to enjoy your private backyard retreat.
The outdoor space is an entertainer's dream! The recently resurfaced pool glistens under the sun, while the new lanai pavers and rescreened enclosure with UV-filter screens create the ideal space for relaxation and gatherings. Whether you're enjoying morning coffee by the pool or hosting weekend barbecues, this backyard is designed for year-round enjoyment.
This home has been meticulously updated between 2020-2022, ensuring comfort and peace of mind. Major improvements include a new roof, new HVAC system, new garage door, and new blown-in insulation for energy efficiency. The addition of new French doors enhances the indoor-outdoor flow, making every space feel bright and airy.
For boat and RV owners, this property is a rare find! The fully fenced yard features a double gate with dedicated electrical hookups, offering a secure and convenient space for parking and storage, up to 35 ft.
Centrally located just minutes from shopping, dining, and the stunning Gulf beaches, this home truly has it all. Don't miss out-schedule your private showing today and make this home yours!
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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