This beautifully upgraded 3BR/3BA residence in Mizner Country Club
offers IMMEDIATE GOLF available for purchase. Thoughtfully updated,
the home features a 2024 roof, 2020 A/C, new flooring, and a
redesigned kitchen with GE Monogram appliances, including
side-by-side refrigerator, speed oven, induction cooktop, and
exterior-vented hood. The 3rd bedroom includes custom office
built-ins, while the family room showcases a sleek wall unit. LED
lighting and integrated speakers enhance the interior and exterior.
Solar panels with backup batteries add efficiency. The screened
patio features MagnaTrack screens, with additional hurricane
screens and accordion shutters. Mizner Country Club offers
resort-style living w/an 18-hole golf course, tennis & pickleball
courts, a fitness center, pilates, spa, resort style pool, kids
splash area, & dining venues. Active social calendar w/events for
all ages. There is 24/7 security, beautifully landscaped grounds,
and family friendly amenities. SAVE $75,000 ON JOINING FEE IF UNDER
CONTRACT ON OR BEFORE 12/31/26 AND CLOSE ON OR BEFORE 3/31/27.
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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