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17115 SALERNO DRIVE
About This Property
Two additional guest bedrooms each feature their own en-suite bathrooms, ensuring comfort and privacy for visitors. In total, the home offers three full baths plus a convenient pool bath that also functions as a powder room. Additional highlights include a three-car side-entry garage with epoxy floors, hurricane impact windows and doors, a Generac whole-house generator, and a reverse osmosis water filtration system.
This exceptional waterfront property embodies the best of Florida luxury living-where elegant design meets effortless indoor-outdoor living in a home built for both relaxation and entertaining. Nestled in The Lake Club is an impressive 20,000-square-foot Grande Clubhouse, a hub of luxury amenities. Enjoy two pools, including a zero-entry pool with splash park, perfect for family fun. Indulge in poolside dining and unwind at the spa and fitness center offering guided workout classes, massages and facials by on-staff aestheticians. Sports enthusiasts will appreciate the tennis and pickleball courts with expert racquet pros available. Experience a vibrant social scene with a calendar filled with events. Inside the Grande Clubhouse, relax with billiards, pool tables, televisions, and game and card tables for various entertainment options. Don't miss the opportunity to experience luxurious lakefront living at its finest in The Lake Club-where luxury, lifestyle, and location converge.
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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%.
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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.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017