What's Special: Model Leaseback | Water View | 3-Car Garage. Model
Home Leaseback - Available Now for Closing! This model home
purchase includes our Model Leaseback Program. Model leaseback
terms vary by model home. Please see a Community Sales Manager for
additional details. Restrictions may apply. Built by America's Most
Trusted Home Builder. Welcome to the Palermo at 19757 Sanctuary
Breeze Way in Esplanade at Kingston! Step into this thoughtfully
designed home featuring an open-concept layout ideal for everyday
living and entertaining. The gourmet kitchen with a large island
overlooks the casual dining area and expansive great room. Tucked
away for privacy, the primary suite offers a spacious walk-in
closet and spa-like bathroom. Situated towards the front of the
home is two secondary bedroom suites and private study. An
oversized covered lanai with an outdoor kitchen overlooks the pool,
perfect for enjoying Florida living year-round. Additional
Highlights Include: tray ceiling package, 4' garage extension,
gourmet kitchen, 8' interior doors, impact windows throughout, and
all appliances included. Photos are for representative purposes
only. MLS#226035711 - Esplanade at Kingston is a gated resort-style
community within the Kingston master plan, offering
wellness-focused amenities, concierge-style services, a resort pool
and spa, fitness center, dining, sports courts, a bark park, and
vibrant social spaces surrounded by natural beauty and open green
space.
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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