18879 Lanuvio STREET
About This Property
Safety, convenience and efficiency were at the forefront when the owners planned this home. Accordion hurricane shutters have been installed throughout the exterior of this home, with three electric/manual roll down shades over the front and rear screened lanais. High impact leaded glass front entry door with Smart lock is not only beautiful, but adds additional protection and light to your home. Additional features include Pelican whole house water purification system, ultraviolet bacteria system installed in HVAC with Nest thermostat control, MinkaAire ceiling fans provide added comfort throughout the home, 30 AMP generator outside outlet and additional electrical outlets strategically placed. The two car garage door has been insulated for further energy efficiency.
In Islandwalk, it is all about easy and care free resort lifestyle living, and this home exemplifies easy living. All of the work and details have been completed for you. With no more villa lots remaining in Islandwalk , this is your opportunity to secure your claim to a better than new home, at an entry level price, in what is arguably the hottest community within Wellen Park. With 2 clubhouses, 2 fitness centers, 2 resort pools and a lap pool, 12 pickleball courts, tennis and bocce ball courts, an event center, community garden, playground, half court basketball and 2 full time activity directors, there is always something to keep you busy, or do nothing at all !
Located directly out of the back gate of Islandwalk, you will have access to all that Wellen Park, the 4th most popular master planned community in the U.S., has to offer. Location, price, desirability and market trend, this home will not last !
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What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 23, 2021 | Sold | ||
| Sold | |||
| Mar 5, 2021 | Listed by TAMIAMI REALTY LLC | $349,900 | |
| Listed by TAMIAMI REALTY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017