9157 Hollow Pine Drive
About This Property
A spacious master suite offers walk-in his and her closets, a large bathroom space with double vanities, a walk-in shower, and a separate spa tub. Two guest bedrooms, with bath one being an in-suite, and an Office/Den easily serves as a 4th bedroom. Outdoor living beckons with the renovated pool and lanai area, complete with new travertine marble. Solar panels keep the pool temperature 80+ degrees, driving down energy costs. The Southwest exposure of the lanai includes breathtaking sunsets over the golf course, lake, and 12th green. Enjoy peace of mind with complete hurricane protection on all openings, including electric shutters. This beautifully updated home combines comfort, style, and security in one of Shadow Wood's premier locations. Shadow Wood Country Club offers 54 holes of championship golf,2 clubhouses, 9 Har Tru tennis courts. Members have approved a $22.5 million lifestyle center which will include: Resort-style pool, Poolside restaurant and bar, 6 indoor Pickleball courts, and a grab-and-go cafe. Construction to start in 2025. The Commons Club has a state-of-the-art Fitness center, an additional restaurant, and access to our own beach club. Memberships available.
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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.
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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