This freshly renovated four-bedroom, three-and-a-half-bath
residence offers the perfect balance of comfort, style, and
functionality-truly move-in ready. Set on a rare 0.53-acre
southern-exposure lot in the sought-after Hawksridge community, the
property also sits in the X-Zone, meaning no flood insurance is
required. The expansive floor plan showcases soaring ceilings, a
formal living and dining room, and a warm family room anchored by a
fireplace. The open kitchen is a showstopper, featuring a massive
island, quartz countertops, high-end appliances, herringbone
backsplash, walk-in pantry, and a casual dining nook. The Primary
Suite is a private retreat with a custom walk-in closet and a
luxurious all-new bath, complete with designer tile, dual vanities,
soaking tub, and a large walk-in shower. Three additional bedrooms
are generously sized, while the fully renovated guest baths feature
sleek tile and modern fixtures. French doors open to a resort-style
outdoor living space designed for entertaining and relaxation.
Highlights include a heated pool and spa, expansive patio, new
Thralis cabanas, a covered lanai with plank ceilings, and a
coastal-inspired firepit with a sand surround. The outdoor bar area
boasts quartz countertops, a new gas grill, and a decorative tiled
feature wall. A full guest bath with outdoor access and an exterior
storage room complete the setting. Recent upgrades
include: Modern tile roof (2022); New AC units ;Propane
tank;Bahama shutters;Enhanced landscaping;Fresh interior
paint;Updated lighting throughout. The fully fenced yard
provides ample room to expand-ideal for future guest quarters, a
detached garage, or your own custom vision.
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.
This freshly renovated four-bedroom, three-and-a-half-bath home is move-in ready and thoughtfully designed for comfort, functionality, and style. Situated on a rare 0.53-acre southern exposure lot in the highly desirable Hawksridge community, this property also sits in the X-Zone—no flood insurance required. The expansive floor plan features soaring ceilings, a formal living and dining area, and a warm family room with a fireplace. The open kitchen is a standout, with a massive island, quartz countertops, high-end appliances, herringbone backsplash, walk-in pantry, and a casual dining nook. The spacious Primary Suite is a true retreat, complete with a custom walk-in closet and a stunning all-new bathroom featuring designer tile, dual vanities, a soaking tub, and a large walk-in shower. Three additional bedrooms are generously sized, and the fully renovated guest baths have been reimagined with sleek new tile and fixtures. French doors lead to a resort-style outdoor living area designed for entertaining and relaxation. Highlights include a heated pool and spa, expansive patio, new Thralis cabanas, a covered lanai with plank ceilings, and a gas firepit, set in a sand surround, adds a unique coastal touch. The outdoor bar includes quartz countertops, a new gas grill, and a decorative tiled feature wall. A full guest bath with outdoor access and an exterior storage room complete the space. Recent upgrades and improvements:Modern tile roof (2022), New AC units,Propane tank, Bahama shutters, Enhanced landscaping , Fresh interior paint, Updated lighting throughout, etc. The fully fenced yard offers plenty of space to expand—ideal for future guest quarters, a detached garage, or your own custom vision.
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