8537 SW 91st CIRCLE
About This Property
This residence offers 3 bedrooms, 3 bathrooms, a flexible room, and an extended 3-car garage. The interior boasts exquisite features such as porcelain tile, tall baseboards, DC ceiling fans, plantation shutters, and 8ft custom interior doors throughout. As you enter through the covered front entrance, you will be greeted by stunning glass double doors. The foyer showcases an upgraded chandelier and a closet with additional shelving. The gorgeous gourmet eat-in kitchen is furnished with stainless steel KitchenAid appliances, a gas cooktop, built-in oven, hood/vent with exhaust fan, quartz countertops, backsplash, a spacious island with cabinets, a closet pantry, and pendant lighting. Enjoy your meals in the separate dining area adorned with custom lighting. The custom butler's pantry is equipped with a dry bar, wine cooler, and cabinets. In the spacious gathering room, you will find custom drapes, a ceiling fan, and sliding doors that provide a view of the lanai and beautifully landscaped yard. The owner's suite is adorned with custom drapes, a ceiling fan, and an en suite bathroom featuring an elongated tiled shower with framless glass door, quartz countertops, custom lighting and mirrors, as well as a walk-in closet with a solar tube for extra natural light. The second bedroom also has a ceiling fan and an en suite bathroom with a tiled shower and frameless glass door, quartz countertops, and custom lighting. The third bedroom has a ceiling fan, while the third bathroom boasts a tiled tub, quartz countertops and custom mirror. A flex room with a ceiling fan and a front hallway with a grand custom-framed mirror complete the elegant layout. The laundry room includes cabinets, shelves, a sink, quartz countertop, backsplash, a solar tube, and the option for either a gas or electric dryer connection. The lanai is also equipped with extra lights, curtains, and fans, and has been prepped for an outdoor kitchen with plumbing, gas and electrical. There is also plumbing and electrical rough-in for a pool. The garage has an extended size, with an insulated ceiling, sink, and ceiling hung garage storage racks. The driveway is wider than average. Other notable features include a whole house water filter with reverse osmosis for the refrigerator water, a twin tank water softener, a surge protector for the entire house, gutters installed on front and sides and rear ready for birdcage, a 50 amp generator inlet, a recirculating instant hot water heater, and extra outlets throughout the home. The interior of the home is painted with egg-shell finish. Be sure to come see this exquisite and refined home without delay.
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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