14651 DERNA TERRACE
About This Property
The expansive great room is perfect for both relaxation and entertaining, offering a seamless transition through sliding doors to the covered lanai. Step outside to your own private oasis, complete with a fully equipped SUMMER KITCHEN, a HEATED SALT WATER POOL & SPA, and travertine pavers laid in a French pattern. The perfect space for outdoor dining and relaxation, with an ideal yard that can be fully fenced for privacy-truly one-of-a-kind.
The primary suite is a serene retreat, featuring a spa-like bath with dual sinks, a seamless glass shower, a water closet, and a luxurious two-sided walk-in closet, offering ample storage. A two-car garage provides additional convenience.
Don't miss the chance to make this exquisite detached villa your own, offering the perfect balance of sophistication, comfort, and privacy in an unbeatable location. As a resident of this home in Azario you can indulge in array of resort-style amenities to your hearts content. Enjoy unlimited Golf, an on site lifestyle manager, heated resort style pools, a Wellness Center and full service salon and spa staffed with nutrition and fitness consultants, tennis, pickleball, bocce ball, The Bahama Bar with a full-service bar and restaurant, and the newly opened 15,000 square foot Culinary Center for fine dining, cooking classes, wine tastings, and more.
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What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Apr 4, 2025 | Price Decreased |
$775,000
↓ $54K
(6.5%) | |
| Price Decreased | |||
| Mar 12, 2025 | Listed by WINKLE AND COMPANY LLC | $829,000 | |
| Listed by WINKLE AND COMPANY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017