1161 INVERNESS Drive
About This Property
No worries about the lawn, it is included in the HOA. Yard is mowed, beds are mulched and irrigation/water is provided. Come see everything that the Cascades has to offer with its clubhouse, fitness center, tennis, pools, amenity center, full-time social director and so much more. This carefree lifestyle has plenty of options for fun and relaxation, don't miss out!
A one year 2-10 Home Warranty (Supreme) is being provided to the Buyers with an acceptable offer.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2025 | Relisted | $510,000 | |
| Relisted | |||
| Apr 7, 2025 | In contract | - | |
| In contract | |||
| Feb 25, 2025 | Listed | $605,000 | |
| Listed | |||
| | |||
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Welcome to refined living in a prestigious gated 55+ community at Cascades in World Golf Village. This elegant home marries luxurious details with an effortless, resort-style lifestyle.
Step inside through stunning double leaded glass front doors and discover an interior drenched in natural light, where neutral paint and plantation shutters create a timeless, sophisticated ambiance. The gourmet kitchen dazzles with white cabinets, granite countertops and a walk-in pantry with wooden shelves enhances the perfect culinary masterpieces.
Retreat to your oversized primary suite featuring rich wooden floors and custom built-ins. The spa-like primary bath offers separated his & her dressing and sink areas, culminating in an oversized shared shower that promises relaxation and indulgence. A private guestroom with its own en suite, plus a versatile third bedroom ideal as an office or craft room, complete the living space. Outdoor living is just as spectacular as it backs up to a serene preserve for ultimate privacy! The heated saltwater pool and hot tub sit within a screened lanai, and the recently recoated pool deck enhances the elegance of this backyard retreat. The summer kitchen provides the perfect setting for alfresco dining and entertaining year-round.
Enjoy a maintenance-free lifestyle, as the HOA includes lawn care, mulching, irrigation, and water. Beyond your private oasis, The Cascades offers a clubhouse, fitness center, tennis courts, multiple pools, an amenity center, and a full-time social director, ensuring endless opportunities for leisure and community connection.
Don't miss your chance to experience this luxurious, worry-free livingschedule your private showing today!
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| Sep 24, 2021 | Sold | ||
| Sold | |||
| Aug 24, 2021 | Listed by BERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY | $505,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017