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8481 Paragrass Avenue
About This Property
At the heart of this home lies a stylish chef's kitchen, meticulously designed for culinary excellence. The Cambria quartz island and perimeter countertops, double sink, and touch faucet set the stage for gourmet meal preparation. Featuring smart appliances, a 5-burner gas cooktop, convection oven and microwave, the kitchen is engineered for perfection. It seamlessly flows into the living area and breakfast nook, extending gracefully outdoors through triple sliding doors onto a covered lanai and expansive pool deck enhancing the sociability of any meal or get-together, promoting an elegant indoor-outdoor lifestyle. Inside, the primary bedroom is a tranquil retreat with its large window looking out onto the patio and the waterfront vista. The spacious primary bath features extended vanities, and an expanded shower with shower bench.
Step outside and unwind in the heated, fully automated saltwater pool. Take in the sun on the oversize tanning ledge, or sip a drink shaded by the deck umbrella soothed by the quiet murmuring of the dual water features. The expansive patio provides the perfect backdrop for hosting guests or enjoying moments of tranquility amidst the serene water view.
Nestled on its generous west-facing lot, the paver driveway has ample room for all your visitors, and leads to an extended garage with an 8' door to accommodate larger vehicles.
With resort-style amenities at Addison Village Club, offering abundant opportunities for recreation and relaxation, you'll find the new Publix, shopping, dining, and entertainment options conveniently located just moments away.The vibrant lifestyle of Stonecrest and its golf cart-friendly community await you with A-rated schools, easy access to the hospital, I-95, US-1, A1A, Patrick SFB, and the beaches.
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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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Price Decreased |
$960,000
↓ $5K
(0.5%) | |
| Price Decreased | |||
| Sep 28, 2024 | Price Decreased |
$965,000
↓ $4K
(0.4%) | |
| Price Decreased | |||
| Sep 10, 2024 | Price Decreased |
$969,000
↓ $16K
(1.6%) | |
| Price Decreased | |||
Property Highlights
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About Viera West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017