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963 Musgrass Circle
About This Property
Don't miss this incredible opportunity to own one of the most sought-after open-concept floor plans in The Meadows at Sawgrass Lakes. Built in 2017 and maintained by its original owner, this popular Glenhurst model is positioned on a private oversized homesite, nestled up to a serene lake, just steps from the community's resort-style pool and inclusive clubhouse amenities from the private connected pathway w/LOW HOA.
The fully fenced backyard features upgraded PVC privacy fencing, providing the perfect setting for entertaining, pets, play, or simply relaxing outdoors.
Inside, you'll immediately appreciate the soaring vaulted ceilings accented with decorative beams, creating a bright, spacious, and inviting atmosphere. The large 18'x12' study with glass French doors can easily serve as a home office, media room, playroom, or potential fourth bedroom Stylish tile flooring flows throughout the main living areas and into the primary suite, offering both durability and modern appeal. The kitchen is highlighted by granite countertops and a newer microwave, while the primary suite boasts a custom walk-in closet organization system designed for maximum storage and convenience.
Additional features include:
" Granite countertops
" New microwave
" Custom primary closet organizer
" Upgraded laundry room
" Oversized private homesite
" PVC privacy fencing
" Open-concept floor plan
" Decorative ceiling beams
" Tile flooring throughout main living areas and primary suite
Sawgrass Lakes is one of Brevard County's premier master-planned communities, offering resort-style amenities, highly rated schools, nearby shopping and dining, and convenient access to I-95. Major aerospace, engineering, and technology employers are just minutes away, making this an ideal location for both work and play.
Homes offering this combination of condition, location, upgrades, and value rarely stay on the market long. Schedule your private showing today and discover why this home stands out from the competition.
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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.
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About West Melbourne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017