8907 Oriente STREET
About This Property
Step inside through the solid mahogany front doors and you are greeted by an inviting foyer that leads seamlessly into the family room. Large windows flood the space with natural light, creating a warm and welcoming atmosphere. The adjacent remodeled gourmet kitchen is a chef's dream, featuring custom hickory soft-close cabinetry, a stunning hammered copper sink, top-of-the-line appliances including an industrial-grade stove hood, a gas range and oven plus an additional electric double oven/microwave, and a cozy eating area.
The living room, adorned with windows that capture views of the lush surroundings, boasts a wood-burning fireplace that is perfect for cozy evenings with loved ones.
The primary bedroom offers a serene retreat with its ensuite bathroom and spacious walk-in closet, while the additional bedrooms provide versatility for family, guests, or home office space. Two of the bedrooms share a jack and Jill bathroom, boasting double, clear vessel sinks and a tub shower. There's an additional bathroom that features a walk-in shower with carrara tile.
The expansive enclosed, under air Florida room, with all new energy efficient windows offers the perfect spot to relax and unwind while enjoying the breathtaking views of the backyard oasis, which includes a custom poolside cabana, a sparkling pool and a tranquil pond beyond the hurricane-rated fenced backyard.
For added peace of mind and convenience, the entire home is equipped with a whole house, Generac generator backup fueled by an in-ground propane tank, ensuring uninterrupted power supply for up to a week. This home is equipped with Dual Nest thermostats, further enhancing the functionality and efficiency of this exceptional home.
Located next to Deerwood Elementary School, this property offers the perfect blend of luxury, comfort, and convenience, making it the ultimate haven for those who appreciate the finer things in life and cherish the beauty of outdoor living in sunny Florida.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Relisted | $640,000 | |
| Relisted | |||
| May 11, 2024 | In contract | - | |
| In contract | |||
| May 2, 2024 | Listed by KELLER WILLIAMS ADVANTAGE 2 REALTY | $650,000 | |
| Listed by KELLER WILLIAMS ADVANTAGE 2 REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017