Welcome to 13820 Folkestone Circle in Wellington, a spacious
single-story pool & waterfront home offering 4 bedrooms, 2.5
bathrooms, and approximately 2,358 square feet of living space on a
generous 0.29-acre lot. Located in Greenview Shores, the home
features an inviting layout with volume ceilings, a split-bedroom
design, a welcoming foyer, and a fireplace that adds warmth and
character to the main living area. The thoughtfully designed
interior provides plenty of room for both everyday living and
entertaining. The kitchen flows conveniently into the surrounding
living spaces, while the primary suite offers a walk-in closet and
a bath with a Roman tub. With all bedrooms located on one level,
the floor plan combines comfort, privacy, and easy accessibility
throughout the home. Outside, enjoy a sizable property with
a private pool, expansive patio and porch areas, an attached garage
& detached shed, creating an ideal setting for enjoying the South
Florida lifestyle. Whether relaxing poolside, hosting friends
outdoors, or simply appreciating the extra yard space, this
Wellington home offers a wonderful combination of indoor comfort
and outdoor living.
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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