8529 SAINT KITTS CIRCLE
About This Property
Imagine relaxing on the west-facing lanai as you take in stunning lake views and colorful sunsets-the perfect backdrop for your private pool and outdoor living area. Pool equipment is managed effortlessly with a handheld tablet from inside the home.
The gourmet kitchen is a perfect blend of style and function, centered around a stunning 12-foot by 4-foot quartz island that seats four. This space serves as both a culinary centerpiece and a hub for entertaining, ideal for serving food and drinks with effortless elegance. Adjacent to the kitchen, the stylish dining area features a modern light fixture and an oval wood table with seating for six to eight guests.
The open floor plan flows seamlessly from the oversized family room to the shaded lanai lounge, overlooking the sparkling pool. There is ample space for alfresco dining, sunbathing, and entertaining guests outdoors.
The spacious primary suite offers direct access to the pool-perfect for a refreshing evening swim-and features a spa-like en-suite bathroom with dual walk-in closets, split vanities, a generously sized 9-foot by 4-foot shower, and a private water closet. At the front of the home, two sizable guest bedrooms provide comfort and privacy. One includes its own en-suite bathroom, while the other is conveniently located near the hall bath.
This home is designed with peace of mind and energy efficiency in mind, featuring impact-resistant windows and doors. Located outside the floodplain, it offers lower insurance costs and added security.
Just minutes from Englewood's pristine Gulf beaches, this home is ideal for full-time living, a seasonal retreat, or an investment property. Island Lakes at Coco Bay is in the process of building a full suite of amenities, including a community pool, fitness center, playground, and pickleball courts.
Don't miss this rare opportunity to own a brand-new, move-in-ready pool home in one of Englewood's most desirable neighborhoods. Why wait to build when you can move right in?
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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