This Terra Rosa model home with a Craftsman elevation is located in
the inviting Summerlit community, offering a spacious, thoughtfully
designed layout that blends everyday comfort with polished design.
Plank tile flooring flows throughout the main living areas,
creating a cohesive feel that complements the open great room and
generously sized executive kitchen featuring an oversized island,
soft-close cabinetry with crown molding, quartz countertops with a
refined polished edge, and a clean, stacked tile backsplash. ENERGY
STAR stainless steel appliances are included, along with a washer
and dryer, making this home truly move-in ready. A versatile flex
room provides additional space for a home office, hobby area, or
quiet retreat, while the owner's suite offers a serene escape with
dual sinks, raised-height vanity cabinetry, and a beautifully
finished zero-entry shower with floor-to-ceiling tile. Impact
windows, eight-foot interior doors, modern lighting, and a covered
lanai with pavers enhance both style and durability. Summerlit
residents enjoy a relaxed coastal lifestyle with access to a
community amenity center, resort-style pool, pickleball courts,
fire pit lounge, and a friendly paw park, all surrounded by scenic
natural preserves and ideally situated near Rookery Bay, Marco
Island beaches, shopping, dining, and everyday conveniences.
***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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