12110 Colliers Reserve Drive
About This Property
under air, complemented by an oversized three-car garage. Enjoy over 3,200 square feet of outdoor space designed for relaxation and entertaining. The solar-heated, 33-ft. lap pool is surrounded by multiple sun-drenched deck areas and expansive under-roof seating and dining spaces. A fully equipped outdoor kitchen with a granite bar, BBQ, side burner, and smoker makes alfresco dining effortless. The home's open, light-filled layout showcases high ceilings, tray accents, French doors, large picture windows, and zero-corner disappearing sliding glass doors for seamless indoor-outdoor flow. Marble flooring inside and out, custom millwork, and rich crown molding add to its timeless elegance. The chef's kitchen is equipped with a 6-burner gas cooktop, Subzero refrigerator and two Subzero refrigerated drawers, double ovens, and a quartz-topped island. A butler's pantry with a quartz-topped serving counter and undercounter wine cooler provides additional convenience. A climate-controlled wine cellar holds up to 750 bottles, perfect for the collector. The library is customized with wood flooring and full-wall custom wood built-ins. All bedroom suites have private baths and walk-in closets. The primary suite features wood flooring, a spacious sitting area, two large walk-in closets off the vestibule with morning bar, and a marble-clad bathroom with door to a privacy garden and gas-heated spa. Recent upgrades to the home include a 2024 new roof; impact-rated glass and storm shutters; and an insulated garage complete with hurricane-rated overhead doors and an Encore garage system utilizing premium floor coating, cabinets and organizers. Located in the prestigious Audubon Sanctuary Club of Collier's Reserve, this estate home offers an exceptional lifestyle with world-class golf, nature preserves, and premium amenities.
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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%.
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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.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017