Truly one of the finest estates in The Bear's Club, this bespoke
residence offers privacy and serenity on 1.29 acres of lush
grounds. No detail was overlooked in the selection of exceptional
materials and craftsmanship, including Tischler windows and doors,
American walnut floors, Calacatta Gold tile, and Galapagos marble
with beach-grass detailing. The spacious primary suite, office, and
powder room occupy one side of the first floor. Across the entry, a
lavish guest suite provides a private retreat. A formal living room
with soaring two-story ceilings and beautiful views of the pool and
grounds welcomes you upon arrival. The circular formal dining room
connects the living spaces to the kitchen, breakfast room, and
family room with bar. The outdoor spaces are equally
impressive. Beneath a Pecky Cypress ceiling, the expansive patio
offers generous sitting and dining areas, a summer kitchen, and a
bar, along with electric screens and a misting system. Step down to
the pool deck which surrounds a glass-tile pool and spa featuring
multiple sun shelves, a stone water wall, and amenities worthy of a
world-class resort. Just off the primary sitting area, a secluded
spa is tucked among the foliage. A private 28-by-22-foot gym
includes a refreshment bar, full bath, and generous storage. An
elevator, second powder room, laundry room, and garages
accommodating four cars plus a golf cart complete the first floor.
Upstairs are three additional ensuite guest bedrooms, a circular
loft area, a second laundry room, and a breakfast bar. A generator,
A/V and lighting controls, and advanced smart-home technology
support the estate's day-to-day operation. When only the very best
will do, 211 Bear's Club Drive is the sophisticated choice.
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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