157 OUTLOOK Drive
About This Property
home with lake to preserve views and breathtaking sunsets! This exquisite home boasts 4 bedrooms, 3.5 bathrooms, and an expansive 4246 square feet of living space. Situated on one of the largest lots in Twenty Mile, this property offers a generous 86-foot frontage and an impressive 120-foot rear expanse, nearly half an acre in total.
The outdoor space features the perfect combination of ultimate privacy and luxury - one of the best back yards in all of Nocatee.
The large outdoor screened lanai features a beautiful saltwater heated pool, summer kitchen, and fireplace providing the ideal setting for entertaining or simply savoring the sunset across the lake.
This energy-efficient home also offers an electric car charger, a large laundry room, high-end light fixtures/fans, and a smart refrigerator. The property is equipped with an invisible fence that has two zones and a built-in pet crate. As you step inside, you will instantly fall in love with the two-story living room and abundance of natural light. The kitchen is a chef's dream, with cabinets reaching to the ceiling, a large island, and dual dishwashers. The home features both formal and informal dining areas, two primary suites (one on each floor), multiple flex spaces, and walk in closets for every room - two of which have a secret door!
Don't miss the opportunity to make this exceptional property your own. Experience the epitome of luxury living in a home that seamlessly blends elegance with comfort. Schedule your showing today and prepare to be captivated by all that 157 Outlook Drive has to offer.
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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.
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About Nocatee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017