This is luxury Florida living at its finest, located on a
waterfront lot, this designer styled home has been throughly
crafted with limitless upgrades and high end finishes.The focal
point of this home is the gourmet kitchen with waterfall quartz
counters, level 7 soft close cabinets, GE Monogram SS appliances,
six burner gas stove top, massive island and custom walk in butlers
pantry.The luxurious primary suite features hardwood flooring, an
oversized his/her walk in closet, smart mirrors and a spa like
bathroom.The outdoor space is an oasis featuring a heated pool
surrounded by travertine decking, water views and a storm smart
screening system. Throughout fully functioning smart home with High
Speed WIFI Repeaters & CAT 6 wiring, indoor/outdoor surround sound
system, modern home theatre 15664 MERRITT DRIVE (UPGRADES)
INSULATED GARAGE DOOR $1,500
RAISED GARAGE DOOR & SIDE MOUNTED GARAGE DOOR OPENER
$7,000
GARAGE CEILING FOAM INSULATION $2,500
DUMB WAITER ELEVATOR & GARAGE STORAGE IN ATTIC $8,000
GARAGE WALL RACK STORAGE SYSTEM $2,500
POOL PACKAGE & (SMART) CONTROL BY PHONE $150,000
POOL FENCE $5,500
TOAD FENCE $3,500
PRIMARY BEDROOM CLOSET STAIRS & STORAGE $8,000
SMART HOUSE (CONTROL 4) SWITCHES & COMPUTER INTERFACE $110,000
WINDOW SHADES $30,000
EXPANDED LIVING ROOM WALL & RECESSED TV MOUNT & SPEAKERS
$20,000
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.
Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Range, Microwave, Oven, Water Purifier Owned, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
Flooring Type: Wood
Rooms: 8
Exterior Details
Square Footage: 2642
Security Features: Security System Owned, Gated with Guard, Gated Community, Smoke Detector(s)
Property Condition: Resale
Architectural Style: Colonial
Year Built: 2024
Waterfront Features: Lake Front
Builder Name: Kolter Homes
Builder Model: Julia
Building Area Total: 3430
Levels: Multi/Split, Two
Window Features: Blinds, Storm Window(s)
Construction Materials: Block, Stucco
Patio and Porch Features: Patio, Screened
Pool Features: Heated, Association
Pool is Private
Lot Features: SprinklerSystem, LessThanQuarterAcre
Lot Size Area: 6534
Lot Size Units: Square Feet
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Water Source: Public
Financial Details
Tax Annual Amount: $3,799
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
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