850 Shriver CIRCLE
About This Property
You will be amazed at the professional craftsman-quality renovations completed by the current owner. This TRIPLE SPLIT floor plan beginning with an open layout offers a formal dining room and den/office flanking the home's front entry. Further inside, the vaulted ceilings with skylights offer a volume of space over the large family room with wood-burning fireplace. A triple sider-door welcomes you onto the covered lanai where you will spend evenings relaxing poolside beneath the screened enclosure.
A fully remodeled kitchen comes complete with a stainless steel appliance package, upgraded white cabinetry with 42" UPPER CABINETS, a pantry and abundant granite counter surfaces all beneath new LED lighting. Adjacent breakfast nook wrapped in windows offers the perfect place for morning coffee and everyday casual dining.
Primary Bedroom Suite includes an access door leading directly to the lanai. Fully renovated bathroom includes modern vanity with DUAL SINKS, resort style shower, GLASS-DOOR LINEN CLOSET and a large WALK-IN CLOSET. Three-way split layout positions two bedrooms and a POOL BATHROOM in the back of the home while the 4th bedroom sits privately in the front corner, separate unto itself with 3rd FULL BATH. Both spare baths are completely remodeled and offer luxury to every household member and visiting guest.
Upgraded LUXURY VINYL PLANK flooring runs continuously directly over the slab across every inch of the home. **NOTE: there is not a single "transition strip" between any rooms of the home! Further upgrades made throughout the entire home include: NEW DOUBLE-PANE WINDOWS (New South Windows), PLANTATION SHUTTERS (throughout entire home), TALL 5 ¼" BASEBOARDS, updated LED lighting, ceiling fans, outlets & switches, door hardware, NEW 2024 Carrier HVAC system, decorative rock apron surround the entire perimeter of the home, FULLY VINYL FENCED backyard (3 gates).
All of this awaits you in the town of Lake Mary. Often referenced as one of America's "best places to live", Lake Mary offers highly rated public schools (Lake Mary HS district), excellent shopping, dining, services and access to all major highways within minutes. Local parks and recreation (tennis, playground, basketball, bicycling trails) and Lake Mary's Public Library are within walking distance of your front door. This is a "must-see" on your home shopping tour!!!
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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%.
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