120 Umbrella Place
About This Property
The chef's kitchen is anchored by stainless steel appliances and a custom back-lit island that will wow you the moment it lights up. Enjoy the custom reverse osmosis water filtration system, and our personal favorite feature of the home: GAS STOVE! Yes, you read that right. This home has a gas cook top stove.
The entire home is accented beautifully with custom thick crown molding and baseboards and plantation shutters on every window. High end finishes are endless including hurricane impact windows throughout, 24" ceramic tile laid on a diagonal, custom pull-outs on every cabinet and a walk-in, over-sized pantry!
The backyard is your tropical oasis and the reason you live in Florida! The beautiful saltwater heated pool and spa is surrounded by a gorgeous travertine pool deck with "ouchless" heat resident coating protecting those little kiddo or pet toes from hot summer sun. The Bahama shelf is the perfect accent for your lounge chair, and the home's custom extended lanai adds the perfect amount of shade for entertaining and those hot summer days. An outdoor summer kitchen awaits your family's grill nights, complete with a propane fire pit, and two mounted outdoor TVs, while the extra large whirlpool spa is calling your name for the ultimate relaxation time.
This home is equipped with full solar panels, making it not only the perfect family home but energy efficient as well! The pool can be heated by gas, by the electric heater, or by solar power!
Hurry and schedule your appointment to see this Rialto masterpiece before it is too late!
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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.
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About Loxahatchee Reserve North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017