Experience the pinnacle of casual elegance in this like-new,
single-story home nestled within the secure gates of River's Reach.
Built in 2018, this 2,232 sq ft property features an open-concept
3-bedroom, 2-bathroom floor plan designed with a timeless neutral
palette and high-end wood plank tile floors. Owners replaced the
A/C 8/2026. The pristine interior conveys with all appliances
included. Large pocket sliders lead to an beautiful 44x23 extended
screened lanai-the perfect vantage point to take in serene pond
views and beautifully curated, mature landscaping. Architecturally
distinguished by a rare 3-car side-entry garage with utility tub,
the home's exterior matches its impressive interior. Residents
enjoy exclusive access to a community pool, fitness center,
playground, and kayak launch. Positioned just minutes from upscale
shopping, restaurants, and world-class beaches, plus two major
airports under an hour away, this home seamlessly combines a
peaceful sanctuary with urban accessibility. Don't miss this
opportunity, seller priced to sell.
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.
Interior Features: Ceiling Fan(s), High Ceilings, Open Floorplan, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Thermostat, Window Treatments
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Flooring Type: Carpet, Ceramic Tile
Door Features: Sliding Doors
Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
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