One or more photo(s) has been virtually staged, AI generated or
rendered. One or more photo(s) has been virtually staged, AI
generated or rendered. Just three years old in amenity-rich
Valencia Trails, this Pearl floorplan home with beautiful water
views and a stunning, heated saltwater pool appears like-new.
Neutral-toned floor tile and quartz countertops make this
residence a blank canvas on which to design your dream home.
Three full bedrooms and baths plus a spacious, separate den
with French doors allows space to create an office, fourth bedroom,
or a game room to host Mah Jong or display pickleball trophies.
The Seller selected this lot because it provides extra space
between the home and the adjacent house on the right.
Upgrades include elegant, motorized blinds over the sliding
glass doors; pool hand rails for relaxing entry/exit; soft-close
cabinets with dovetail drawers; laundry room sink; laundry
shelving; outdoor kitchen gas pre-plumbing; and a two-foot extended
two-car garage. The foyer features a cavernous 14-foot
ceiling while the rest of the home boasts 10-foot ceilings with a
tray ceiling in the master bedroom. The screened lanai faces
north, which means it doesn't overheat. Instead, it features both
sun and shade simultaneously throughout the day, so the covered
patio stays comfortably cool and shaded while the pool fountains
and pool sun shelf bask in the sunshine. The home is
conveniently-located near one end of the trail around the
community's lake preserve so you can enjoy a pleasant loop on a
daily morning walk. High-impact glass windows throughout give
you peace of mind. The opulent 42,000 sq ft clubhouse and
lifestyle complex boasts a restaurant, resort pool, competitive
pickleball, fitness center, tennis, bocce, walking trails, live
performance theater, lap pool, hot tub, billiards, a full-service
spa and salon, and an impressive dog park. The $1,611
quarterly HOA fee covers lawn care, irrigation water, and security
at the front gate with a separate $500 annual dining minimum, plus
a one-time $5,000 transfer fee. The newly-completed resident
entry-exit gate off of Vanderbilt Beach Rd. gives you a second
option for a calmer drive home. Photos # 1, 3, 5, 7, 9, 11,
14, 16, and 19 are virtually staged and no furnishings exist in
home, which means it is ready for you to move in immediately.
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.
HOA/Condo/Coop Amenities: Basketball Court, Billiard Room, Cabana, Clubhouse, Dog Park, Fitness Center, Park, Pool, Spa/Hot Tub, Tennis Court(s), BocceCourt, Billiards, Library, MediaRoom, Pickleball, Restaurant, Sidewalks
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