14142 Reflection Lakes Drive
About This Property
Major improvements include a **TILCOR STONE-COATED METAL ROOF**, **TRANE HVAC SYSTEM** with newer air handlers, units and heaters, newer **HOT WATER HEATER**, updated exterior paint, and a **STORMSMART SMARTVIEW REAR WINDOW**. Additional storm protection includes shutters with an upgraded track at the primary bedroom. The lanai screens have also been completely replaced and carry a **10-YEAR WARRANTY**.
Inside, the floor plan has been thoughtfully updated for a more **OPEN, MODERN FEEL**. A partial wall and hanging kitchen soffit were removed, recessed and updated lighting was added throughout the kitchen, dining room and craft room, and the interior walls and ceilings were freshly painted. Two bedrooms were combined to create an **OVERSIZED BEDROOM/CRAFT ROOM** with new flooring, while glass doors were added to both the craft room and den. Additional features include **CROWN MOLDING, PLANTATION SHUTTERS, CENTRAL VAC, POCKET SLIDING GLASS DOORS**, updated window treatments, and 10-year lithium smoke detectors.
Enjoy true **FLORIDA INDOOR-OUTDOOR LIVING** from the screened lanai overlooking the lake, complete with a **HEATED POOL & SPA** and **OUTDOOR POOL SHOWER**. The backyard is enhanced by a **4-FT WHITE ALUMINUM FENCE**, while the garage includes an **EV CAR CHARGER**. HVAC airflow was further improved with additional intake and supply vents, and the ductwork has been cleaned.
**REFLECTION LAKES** is a gated community offering an array of amenities in a convenient Fort Myers location close to **SHOPPING, DINING, BEACHES, HEALTHCARE AND SCHOOLS**. Come for the **LAKE VIEWS AND SPECTACULAR SUNSETS**-and appreciate the extensive improvements that have already been completed for you.
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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