1926 SW Panther Trace
About This Property
In the office, living room, dining room and game room the flooring is real wood embellished with a custom tile border. The rest of the common areas in home have 24" tiles set on the diagonal. Bedrooms all have upgraded carpets.
3600 SQ FT of Living Area
4333 SQ FT Total
Since this home was the former premium model in Lake Tuscany, as you have read, it has all the upgrades a homeowner could wish for. It also has and the best lot with the widest water views in the community, a large green space on east side of home. The covered/screened patio, at 36' x 15', has room for dining area, grilling area, sitting area and more. The pool is also screened at an additional 36' x 23', Ample room for sunning. The pool has two serene waterfalls, a sit-in, and easy stairs for entering the pool. The 2nd floor has a large balcony that has beautiful views the pool & lake. This area has the best schools: Crystal Lake Elementary ( has a pre-k program and is located right around the corner). Anderson Middle is a good middle school located 10 mins from community. And last South fork High school:1 OF 3 public high schools in nation with its own golf course & only school in Martin County with the International Baccalaureate Diploma Program. The U.S. News & World Report ranks South Fork among \ America's best high schools.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017