One or more photo(s) has been virtually staged, AI generated or
rendered. Introducing the Stunning Shelby Floorplan!
This thoughtfully designed home offers 3 spacious bedrooms, a
versatile den with elegant glass doors, and 2.5 luxurious
bathrooms! This home sits on a gorgeous eastern exposer lake view.
Highlights include an expansive covered lanai for seamless
indoor-outdoor living. A HUGE oversized tandem garage (20x30)
ideal for golf cart/extra storage, a workshop, or your favorite
toys. Impact-resistant windows and sliders for peace of mind
and energy efficiency. High-end cabinetry paired with quartz
countertops. Upgraded faucets and hardware for a refined
touch. A single bowl stainless steel kitchen sink and a
premium full appliance package including a tankless hot water
heater. Stylish wood-look tile floor that combines beauty
with durability. Whether you're hosting guests or enjoying a
quiet event at home, the Shelby floorplan delivers comfort, style,
and functionality in every corner. There is also plenty of
room for a future pool or fence. Palmetto Landing Community's
amenities, from the inviting clubhouse (already open-available for
private events) to the resort-style beach entry pool w/lap lanes,
splash pad, game room w/a pool table, card tables, TV's and fitness
center, guarantee a lifestyle of leisure and entertainment. With
its proximity to shopping, dining, and the vibrant Babcock Ranch
lifestyle, this residence encapsulates the essence of contemporary
living in prime location.
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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