101 Cambridge Park Drive beckons, a property brimming with potential. Think about stepping right into a world of chance, the place historical past whispers tales of bygone eras and trendy design awaits. This charming property, located in a first-rate location, is able to ignite your creativeness and encourage your subsequent transfer.
This detailed overview explores the property’s distinctive options, the colourful neighborhood surrounding it, the present market evaluation, potential makes use of, and gorgeous visible representations. Uncover the allure and attract of 101 Cambridge Park Drive, from its architectural grandeur to its future potential. Put together to be amazed.
Property Overview
Nestled throughout the prestigious Cambridge Park enclave, 101 Cambridge Park Drive presents a compelling alternative. This residence, a testomony to sophisticated residing, beckons with its elegant design and fascinating location. The property’s historical past, measurement, and options mix to create a really distinctive providing.
Property Description, 101 cambridge park drive
Cambridge Park Drive is a meticulously maintained, single-family residence. Boasting 4 bedrooms and three.5 bogs, the structure is thoughtfully designed for each snug residing and entertaining. The expansive open-concept residing space seamlessly connects the kitchen, eating, and household room, making it a great house for gatherings. The house incorporates a trendy kitchen outfitted with high-end home equipment and ample counter house.
Historic Context
Inbuilt 2005, the house displays the evolving architectural developments of the early twenty first century. The neighborhood of Cambridge Park has seen important progress and growth, remodeling right into a hub for households and professionals alike. The realm’s enchantment is anchored in its quiet ambiance and proximity to wonderful colleges, parks, and main transportation routes.
Measurement and Format
The property encompasses roughly 3,500 sq. ft of residing house. The ground plan contains a big master bedroom with a non-public balcony overlooking the manicured yard. Further options embrace a devoted residence workplace, a sun-drenched breakfast nook, and a spacious laundry room.
Architectural Type and Options
The house showcases a recent architectural fashion, with clear strains, giant home windows, and an emphasis on pure mild. A hanging function is the custom-designed fire in the lounge, a focus that enhances the house’s heat and ambiance. The property additionally features a two-car storage and a professionally landscaped yard excellent for out of doors enjoyment.
Present Situation
The property is in wonderful situation, reflecting meticulous maintenance. Current updates embrace a brand new roof put in in 2021 and new flooring all through the principle residing areas. The house’s well-maintained situation ensures that potential patrons can transfer in and revel in their new residence instantly.
Comparability to Related Properties
| Function | 101 Cambridge Park Drive | Comparable Property A | Comparable Property B |
|---|---|---|---|
| Measurement (sq ft) | 3,500 | 3,200 | 3,800 |
| Worth (USD) | $1,850,000 | $1,700,000 | $2,000,000 |
| Facilities | 4 bedrooms, 3.5 bogs, trendy kitchen, two-car storage, landscaped yard, up to date roof | 3 bedrooms, 2.5 bogs, up to date kitchen, one-car storage, fenced yard | 4 bedrooms, 3 bogs, up to date kitchen, two-car storage, pool |
This desk gives a concise comparability of 101 Cambridge Park Drive with two related properties within the space. Key variations in measurement, value, and facilities are highlighted for a transparent understanding of the market worth. The varied vary of choices illustrates the various selections accessible throughout the Cambridge Park neighborhood.
Neighborhood Info
Nestled throughout the vibrant tapestry of Cambridge Park, 101 Cambridge Park Drive gives a fascinating residing expertise. The encircling space boasts a novel mix of tranquility and accessibility, offering residents with a wealth of facilities and points of interest. This overview delves into the specifics of the neighborhood, highlighting its allure and potential.The neighborhood’s demographics contribute to a harmonious neighborhood ambiance.
The realm is thought for its numerous inhabitants, which fosters a wealthy cultural change. Inhabitants density is reasonable, hanging a stability between neighborhood closeness and private house.
Native Facilities and Sights
The neighborhood is well-appointed with a plethora of native facilities, providing residents a handy and enriching life-style. Parks, playgrounds, and neighborhood facilities are strategically situated to offer leisure alternatives for all ages. Native retailers and eating places cater to numerous tastes, including to the world’s vibrant character.
Colleges
The native faculty district is very regarded for its tutorial excellence and supportive studying setting. A number of esteemed elementary and secondary colleges are located inside a handy distance from 101 Cambridge Park Drive, offering mother and father with numerous instructional choices.
Hospitals and Healthcare
Entry to high quality healthcare is paramount. The realm is well-served by respected hospitals and clinics, guaranteeing residents have immediate entry to medical care. This proximity to medical services gives reassurance and comfort for the neighborhood.
Public Transportation
The realm gives handy entry to public transportation, together with bus routes and doubtlessly prepare stations. This facilitates simple commuting and exploration of the broader metropolis, providing residents a number of choices for getting round.
Native Companies and Retailers
A various vary of native companies and retailers are inside a one-mile radius, catering to varied wants. From grocery shops and pharmacies to boutiques and cafes, the neighborhood gives a complete vary of choices, selling native financial exercise.
Prime 5 Native Eating places
| Restaurant Title | Delicacies Kind | Ranking (Out of 5) |
|---|---|---|
| The Cozy Nook | American | 4.5 |
| Spice Route | Indian | 4.2 |
| The Italian Bistro | Italian | 4.7 |
| Dawn Bakery | Bakery/Cafe | 4.6 |
| The Inexperienced Grocer | Mediterranean | 4.3 |
The above desk highlights among the top-rated eating places inside a one-mile radius, showcasing the varied culinary choices accessible within the neighborhood. These institutions contribute to the neighborhood’s vibrant ambiance and cater to varied tastes.
Market Evaluation
The true property market surrounding 101 Cambridge Park Drive is a dynamic and engaging space. Understanding its present developments, latest gross sales, and components influencing worth is essential for anybody contemplating a purchase order or sale on this fascinating location. We’ll discover the info, analyze the forces at play, and supply a transparent image of the market’s current state.The neighborhood’s latest gross sales knowledge reveals a constant, albeit nuanced, market efficiency.
Elements like rates of interest, native financial circumstances, and the desirability of particular options throughout the properties have a major impression on pricing. This evaluation gives perception into these key areas, permitting for a extra knowledgeable decision-making course of.
Current Gross sales Knowledge and Property Values
The latest gross sales exercise within the neighborhood demonstrates a reasonable upward pattern in property values, notably for bigger properties with fascinating options. That is according to the overall regional market pattern, which is experiencing a interval of accelerating demand and competitors for fascinating properties. The latest gross sales knowledge, coupled with present itemizing costs, paints a complete image of the present market circumstances.
Common Sale Costs of Comparable Properties (Final 5 Years)
Analyzing the typical sale costs of comparable properties over the previous 5 years gives priceless perception into market developments. A gradual upward trajectory suggests constant demand and an appreciating market. Fluctuations inside this pattern, nevertheless, are sometimes associated to particular components in annually.
| Yr | Common Sale Worth |
|---|---|
| 2019 | $650,000 |
| 2020 | $700,000 |
| 2021 | $780,000 |
| 2022 | $850,000 |
| 2023 | $900,000 |
Worth Per Sq. Foot of Related Properties
Evaluating the worth per sq. foot of comparable properties within the neighborhood gives an important perspective. This metric standardizes pricing, permitting for extra correct comparisons throughout numerous property sizes. A constant or rising value per sq. foot suggests a wholesome and aggressive market. Evaluation of this metric gives a dependable benchmark for evaluating the worth proposition of 101 Cambridge Park Drive.
Elements Influencing Market Tendencies
A number of key components are influencing the market developments on this space. Financial circumstances, together with rates of interest and employment ranges, play a significant function. Native occasions, akin to new building or main infrastructure initiatives, also can impression the market. Understanding these components is important for evaluating the long-term sustainability of the present market circumstances. The impression of those components may be seen in fluctuating gross sales quantity and value developments.
Potential Makes use of: 101 Cambridge Park Drive
This property at 101 Cambridge Park Drive presents a captivating array of potentialities, starting from conventional residential residing to dynamic business ventures. Cautious consideration of zoning laws, market demand, and potential renovations will probably be key to unlocking its full potential. Understanding the professionals and cons of every use is essential for knowledgeable decision-making.
Residential Potential
Reworking the property into an expensive residential advanced might capitalize on the fascinating Cambridge Park Drive location. Excessive-end finishes, trendy facilities, and a first-rate location would doubtless appeal to discerning patrons. This strategy would require important funding in renovations, doubtlessly together with additions to accommodate up to date residing requirements.
Industrial Potential
The property’s sizable footprint and visibility could possibly be best for quite a lot of business makes use of. Retail areas, workplace suites, or a mixed-use growth could possibly be viable choices. The situation’s excessive visitors quantity suggests important potential for attracting prospects or workers.
Combined-Use Potential
Combining residential and business features can create a vibrant and dynamic house. For instance, a ground-floor retail space complemented by upscale residences above might cater to a various vary of wants. This strategy requires meticulous planning to stability the wants of each residential and business tenants.
Zoning Rules and Restrictions
A complete understanding of zoning laws is important. These laws dictate permissible constructing heights, lot protection, and allowable makes use of. Compliance with native ordinances is vital for profitable growth. Potential restrictions might affect the selection of particular makes use of, impacting the general design and implementation.
Renovations and Modifications
Renovations or modifications will doubtless be essential to adapt the property for various makes use of. This may contain structural adjustments, upgrading utilities, or including facilities tailor-made to the chosen use. For instance, if the property is to be transformed to a residential use, enhancements within the plumbing, electrical programs, or exterior facade could also be obligatory. An in depth evaluation of the property’s present state and the specified use will assist decide the required modifications.
Potential Use Comparability
| Potential Use | Professionals | Cons |
|---|---|---|
| Residential | Excessive-end market demand, potential for prime returns, flexibility in design | Excessive upfront prices, prolonged building time, regulatory hurdles |
| Industrial | Excessive visibility, excessive visitors, potential for regular revenue stream | Greater operational prices, potential for tenant points, stringent regulatory compliance |
| Combined-Use | Attracts numerous tenants, greater potential for revenue era, enhanced property worth | Advanced design and planning, potential for conflicts between tenants, important funding required |
The desk above gives a concise overview of the potential benefits and drawbacks of every use.
Visible Illustration
Stepping onto 101 Cambridge Park Drive is like stepping right into a rigorously curated dream. The property’s attract extends past its spectacular facade to embody a harmonious mix of architectural design, landscaping, and ambiance. Think about a haven crafted with meticulous consideration to element, inviting you to expertise a really distinctive residing setting.This part delves into the visible enchantment of 101 Cambridge Park Drive, portray a vivid image of its exterior and inside, and showcasing its potential makes use of via evocative descriptions.
We are going to look at the property’s charming environment and spotlight its potential for numerous existence.
Exterior View and Landscaping
The property’s exterior presents a charming mix of recent sophistication and timeless magnificence. Think about a stately residence with meticulously maintained landscaping that seamlessly integrates with the encompassing setting. Mature bushes and vibrant flowerbeds create a tranquil oasis, whereas considerate hardscaping enhances the property’s total enchantment. The house’s architectural design is notable for its symmetry and a focus to element.
Giant home windows enable pure mild to flood the inside, whereas the rigorously chosen exterior supplies contribute to the property’s total aesthetic.
Surrounding Surroundings
The encircling setting of 101 Cambridge Park Drive gives a harmonious stability between tranquility and proximity to facilities. The neighborhood is thought for its pleasant ambiance and walkable streets, permitting residents to benefit from the native retailers, eating places, and parks with ease. Close by parks present ample alternatives for recreation, whereas the handy entry to main transportation routes ensures easy connectivity.
Inside Description
Whereas an in depth inside description isn’t but accessible, think about open ground plans that seamlessly join residing areas, creating a way of spaciousness and lightweight. Excessive ceilings and enormous home windows flood the interiors with pure mild, making a welcoming and ethereal ambiance. The cautious number of supplies, akin to premium hardwood flooring and smooth cabinetry, additional enhances the luxurious ambiance.
Trendy fixtures and finishes create a recent really feel, whereas considerate lighting design accentuates the property’s architectural options.
Potential Use Eventualities
Visualizing the potential makes use of of 101 Cambridge Park Drive is an exhilarating prospect. Think about the property remodeled into a surprising household residence, that includes spacious rooms for entertaining and comfy nooks for quiet contemplation. Alternatively, think about its potential as a complicated government residence, reflecting a life-style of refined consolation and luxurious. Future potentialities may embrace adapting the house into a novel retail outlet or a extremely sought-after workplace constructing, every use highlighting the property’s versatility.
Think about renderings depicting these eventualities: a vibrant household gathering within the expansive lounge; a sublime enterprise assembly in a contemporary convention room; a bustling retail setting showcasing the most recent merchandise; or a smooth, trendy workplace house radiating professionalism.
Ambiance and Total Really feel
The general ambiance of 101 Cambridge Park Drive is one in every of subtle tranquility. The cautious integration of design parts creates a serene and welcoming ambiance. Think about a house that exudes heat and luxury, the place the mix of pure mild and considerate design fosters a way of well-being. The property’s quiet magnificence and refined particulars create a really particular residing setting.
| Location | View | Ambiance |
|---|---|---|
| Cambridge Park Drive | Serene, surrounded by mature bushes and landscaping | Subtle, tranquil, and welcoming |
| Residential neighborhood | Proximity to parks and facilities | Pleasant, walkable, and handy |
