SPACE, VERSATILITY, AND BREATHTAKING VIEWS! Welcome to 1025
Hampstead Lane, an exceptional estate home where expansive living
spaces, incredible entertaining areas, and panoramic lake, golf
course, and preserve views come together to create something truly
special! A NEW ROOF IN 2024! Outstanding curb appeal begins
with a circular driveway, lush landscaping, a tiled front porch,
and elegant double glass entry doors. Inside, a welcoming foyer
with decorative accent tile introduces spacious interiors filled
with natural light and architectural details. The formal living
room features a double tray ceiling with crown molding, custom
draperies, and French doors opening to the lanai. The formal dining
room offers tile flooring, a decorative niche, and a built-in wet
bar with granite countertop and sink. The oversized gourmet kitchen
featuring a Thermador gas range, double ovens, microwave, Sub-Zero
refrigerator, granite countertops, travertine backsplash, reverse
osmosis system, center island, breakfast bar, and generous pantry
storage and adjoining breakfast nook. The spacious family room
features wood flooring, custom built-ins, and a gas fireplace. What
truly sets this home apart is the incredible amount of flexible
living space! A dedicated billiards room is surrounded by windows
overlooking the golf course and features tile flooring, a built-in
bar, and French doors leading to both the lanai and a separate
side-yard seating area. The expansive primary suite features
double-door entry, a double tray ceiling with crown molding, French
doors to the lanai, and two walk-in closets with built-in
organizers, including one extended closet. A separate office off
the primary suite. The primary bathroom offers dual granite
vanities, a soaking tub, and a separate walk-in shower. Oversized
secondary bedroom in its own private area, a full bathroom with an
extended vanity and tiled tub/shower, and a front-facing bedroom or
office with double-door entry and a closet. A separate pool
bathroom. Upstairs bonus suite with a large walk-in closet, private
en-suite bathroom, and sliding glass doors opening to a private
balcony. The extended covered lanai overlooks a beautiful swimming
pool with a sun shelf and elevated spa featuring a dramatic rock
waterfall. Spectacular lake, golf course, and preserve views
provide an extraordinary backdrop, offering the perfect balance of
natural beauty and privacy. A built-in cabinetry area with sink
provides a convenient setup for an outdoor kitchen. Additional
highlights include an oversized laundry room with extensive
cabinetry, sink, and countertop space; an extended side-entry
three-car garage with storage cabinets; surround sound; two HVAC
systems (2018 and 2021); an additional mini-split system; and a
2021 water heater. The home also offers abundant storage
throughout, gutters, and numerous French doors connecting the
indoor and outdoor living spaces. Located within the prestigious
gated community of Plantation Bay Golf & Country Club, residents
enjoy access to an exceptional lifestyle with 45 holes of
championship golf, a beautiful clubhouse, dining, resort-style
pools, fitness facilities, tennis, pickleball, and a vibrant social
calendar. Club memberships and select amenities are available for
an additional fee. Buyers of this home to receive a substantial
discount on initiation fee at the club. Ask listing agent for
details.
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.
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