**IMPRESSIVE, MOVE-IN READY, POOL HOME in the Secure and Coveted
OAKS PRESERVE, MAINTENANCE-FREE COMMUNITY** This residence boasts
an open floor plan that is ideal for entertaining, along with a
screened and spacious outdoor pool area that provides privacy and
overlooks a nature preserve. Recent updates include a new kitchen,
bathrooms, flooring, fans, a four-year-old roof, a newly pavered
driveway, and hurricane-rated patio and bedroom doors. All living
areas have wood floors or Italian porcelain tile. The kitchen
features a gas stove, Waterworks faucet, quartz countertops, modern
stainless appliances, and solid wood cabinetry. The breakfast nook
adjacent to the kitchen has aquarium glass windows offering a view
of the pool and foliage. The family room glass doors stack behind
the wall, providing views of the pool and preserve, and they are
hurricane-rated. The owner's suite includes two walk-in closets, a
linen closet and space for a sitting area or office.
Hurricane-rated glass doors overlook the pool. There is a separate
study/office/bedroom with built-in wood cabinetry and space and
wiring for a media room. The guest suite has an ensuite bath
updated with Quartz counters and a vessel sink. Enjoy the utmost in
outdoor living with a stunning, PebbleTec POOL with Travertine deck
while there is ample space for a spa or additional seating within
the spacious screened lanai. Connections for an outdoor kitchen are
also available. A beautiful new pavered driveway adds that special
curb appeal. In addition to the metal, roll down hurricane
shutters, there is an electric hurricane protective screen spanning
the lanai area to protect outdoor furniture. The extra deep two car
garage affords additional storage options. A collection of unique
bougainvillea and crepe myrtle rounds out the gardens. This lot is
located outside the FEMA flood zone Bishops Court in
The Oaks Preserve is a 24-hour guard-gated community with walking
and biking paths. Additionally, there is a year-round heated
community pool nearby. THE OAKS is a distinguished, 24hr Guarded,
Country Club Community which boasts many accolades including:
Platinum Club of America, Emerald Club of the World, Elite
Distinguished Club of the World and One of America's Healthiest
Clubs - where amenities include Three Restaurants, Ballroom, Two
18-hole championship GOLF courses, award-winning RACQUETS program
with 12 Har-Tru Hydro-Grid TENNIS courts, 4 PICKLEBALL Courts,
wonderful CROQUET facility, state-of-the-art FITNESS center and
junior Olympic, heated community SWIMMING POOL, Bocce, Basketball
Court, Playground and more! The Oaks is just minutes from
nationally ranked Pine View School, the Legacy Bike Trail, area
Beaches and all that Gulf Coast living has to offer. Membership is
required and there is NO WAITLIST for GOLF or SOCIAL Membership.
**PLEASE ENJOY VIEWING the 3D VIRTUAL TOUR**
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.
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