What's Special: 3-Car Garage | Water View | Dedicated Study. New
Construction - NEED MONTH Completion! Built by America's Most
Trusted Home Builder. Welcome to the Palermo at 23063 Silver Pearl
Key in Esplanade at Kingston! This new home has an inviting open
layout with the gourmet kitchen featuring a walk-in pantry and
large island overlooking both dining areas and great room. The
private primary suite is tucked away at the rear of the home and
includes a spacious bathroom and walk-in closet with direct access
to the laundry room. Two secondary bedrooms, each with en-suite
bathrooms, provide comfort for guests, while the versatile study
offers the ideal space for a home office or hobby room. Enjoy
relaxing outdoors on the expansive covered lanai, perfect for
taking in the Florida lifestyle. Additional Highlights Include:
impact windows, tray ceiling package, 8' interior doors, outdoor
kitchen rough-in, 80 AMP pool and spa prewire, 42" upper cabinets
at laundry, and RevWood flooring throughout. Photos are for
representative purposes only. MLS#226031754 - 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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