A sanctuary of balance and design, this one-level home spans over
3,000 SQ. FT. of living space with 3 bedrooms, 3.5 baths, and an
oversized den or 4th bedroom. The grand foyer features 17-ft.
ceilings, and 12 ft. throughout. Only one owner of this new
construction home that closed in 2024. The kitchen's statement
island anchors the space and the kitchen features a full quartz
backsplash, acrylic touch-latch cabinetry, and GE Monogram
appliances complemented by Restoration Hardware lighting. The
serene primary suite features wood floors, a floating double
vanity, soaking tub, walk-in shower, and views of the saltwater
pool. California Closets and roller shades in all rooms; automatic
shades in the master, great room and den. Outdoors, relax on the
travertine patio with screen enclosure, artificial turf, and
partial lake view that evokes a private resort ambiance. Artistry
residents have a gated entrance and exclusive access to a
contemporary clubhouse with fitness center, resort-style pool,
basketball & bocce courts, and more. Benefit from A-rated schools
and proximity to pristine beaches, upscale shopping, exquisite
dining, and golf courses. A home this special won't last long.
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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