Welcome to the Sandstone model with a Transitional elevation in the
vibrant Summerlit community, where effortless Florida living is
enhanced by exciting amenities on the horizon, including a
resort-style pool and popular pickleball courts that will soon
offer the perfect setting for relaxation and recreation! This
thoughtfully designed home showcases a bright, open-concept layout
where natural light spills in, highlighting upscale finishes such
as light-toned luxury vinyl plank flooring in the main living
areas, plush carpet in the bedrooms, and stylish tile in the
bathrooms. The kitchen is a showstopper with 42" light cabinetry
accented by crown molding and sleek hardware, paired with off-white
quartz countertops featuring delicate gray veining and a full suite
of ENERGY STAR stainless steel appliances. The spacious owner's
suite provides a peaceful retreat with dual sinks, a zero-entry
shower, and tile extending to the ceiling, while a secondary
bathroom also offers a convenient shower option. Additional
features include a study in lieu of a flex room, 8' interior doors,
impact windows, a screened lanai with paver flooring perfect for
enjoying the Florida lifestyle, and a pre-plumbed garage utility
tub. Complete with a washer and dryer, this move-in ready home
delivers comfort, style, and future access to amenity-rich living
in Summerlit.
*** Photos, renderings and plans are for illustrative purposes only
and should never be relied upon and may vary from the actual home.
Pricing, dimensions and features can change at any time without
notice or obligation. The photos may be from a furnished model home
and not the home offered for sale.
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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