11408 EMERALD SHORE DRIVE
About This Property
Discover the perfect place for your growing family in the highly sought-after community of Lucaya Lake Club in Riverview, Florida. Known for its family-friendly atmosphere, this all-natural gas community offers resort-style amenities that every member of the household will enjoy-clubhouse, fitness center, splash park, playground, sparkling swimming pool, and a stunning 78-acre lake for canoeing, kayaking, and paddle boarding.
This spacious Estero Bay floor plan is a best-seller for a reason. With nearly 3,200 sq. ft. of living space, 6 bedrooms, and 4 bathrooms, it provides all the room a growing family needs. From playrooms and home offices to guest space, everyone can have their own place while still enjoying time together.
The heart of the home is the gourmet kitchen, featuring 42" upgraded cabinets, granite countertops, a large island, and stainless-steel appliances. Perfect for family meals or entertaining, the open-concept design flows seamlessly into the family room and out onto the covered lanai-ideal for backyard fun or weekend gatherings.
Upstairs, the Owner's Suite is a true retreat with space for a full bedroom set, dual walk-in closets, and a spa-inspired bath with dual vanities, a walk-in shower, and a relaxing garden tub.
Built with efficiency in mind, this home also includes energy-saving features like R-38 insulation and Low-E double panel insulated windows.
If your family is looking for plenty of space, modern comfort, and a vibrant community filled with activities for kids and adults alike, this is the home you've been waiting for.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017