Located in Watercrest, one of Parkland's premier gated communities.
This spacious 5-bedroom + a den, 4-bathroom residence offers 4,120
square feet of living space and a thoughtful collection of upgrades
designed for comfort, efficiency, and everyday South Florida
living. The additional den makes for an easy conversion to a 6th
bedroom if needed. The home features automated window shades
throughout, including blackout shades in all bedrooms, tinted
windows, and additional blown-in attic insulation to help improve
energy efficiency and indoor comfort. A whole-home generator,
installed in 2020 and consistently maintained, provides added peace
of mind, while the exterior was freshly repainted last year.
Additional features include an extended driveway, a new
microwave, garage cabinetry, garage refrigerator, and washer and
dryer, all of which convey with the property. The home has also
been notably efficient for its size, with the sellers reporting
average electric bills under $300 per month. Located in Watercrest
at Parkland, residents enjoy a guard-gated setting, access to
Parkland's highly regarded schools, and resort-style community
amenities including a clubhouse, pool, fitness center, tennis and
basketball courts, playground areas, and more. An exceptional
opportunity for buyers searching for a spacious 5-bedroom home in
Parkland, Florida, with over 4,000 square feet of living space,
access to sought-after Parkland schools, and a premier
gated-community lifestyle in northwest Broward County.
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.
Welcome to Watercrest!!Include 5 Bedrooms, 4 Bathrooms, Plus Office,Spacious kitchen with large center island, granite countertops, stainless steel appliances, double ovens , Huge walk-in Closets, All Impact Windows, 3 car garage,Plenty of Room to Build Your Dream Pool, Live Resort Style Amenities, Clubhouse w/ Fitness Center,pool,playgroud, Dog Park, Parkland’s A+ Schools!,24/hour Guard Gated, 2 A/C Units, Laundry room. Furniture is negotiable BE THE FIRST TO MAKE AN OFFER The manager has listed the unit size as 5104 square feet.
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