4
Map
814 SHANGRI LA DRIVE
About This Property
The home features a newer roof installed in September 2021, solar panels, a hybrid water heater, Simonton insulated Low-E windows for enhanced energy efficiency, beautifully updated bathrooms, and wood laminate and ceramic tile flooring throughout. The spacious kitchen features granite countertops, a double oven, abundant cabinetry, and plenty of storage, while the separate dining room provides ample space for a large table and gatherings.
Enjoy multiple living areas designed for both entertaining and everyday living. The large family room features a wood-burning fireplace, while the living room offers beautiful views of the water. One of the highlights of the home is the Florida room/sunroom, where expansive water views and the serene backyard create the perfect setting for morning coffee, relaxing, or entertaining.
Step outside to a spacious backyard complete with a storage shed and access to Lake Shangri La, offering opportunities to fish, kayak, and enjoy waterfront living right from home. The peaceful setting makes it easy to unwind while still being conveniently located near everyday amenities.
Additional features include an air-conditioned inside utility area located within the garage, additional garage cabinetry for storage, newer interior paint in many areas, and plenty of room throughout the home for family and guests.
Located in a neighborhood with sidewalks and convenient access to I-4 and US-301, this home provides an easy commute toward Tampa, Brandon, and Orlando. Meticulously maintained, move-in ready, and offering the waterfront lifestyle you have been searching for schedule your private showing today!
Listed By
Payment Calculator
Your Estimated Monthly Payment
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017