Virtually Staged. Experience resort-style living in this like-new
5-bedroom, 3-bath home offering 2,601 square feet of thoughtfully
designed living space. Situated on a west-facing homesite with no
rear neighbors, the property provides added privacy and peaceful
views of the trees near Fort Florida Road.
The spacious open-concept floor plan places space where it matters
most, with generous living areas, large walk-in closets, and an
oversized kitchen pantry. The kitchen features 36-inch Dark Sierra
Graphite Wolf cabinetry paired beautifully with Bianco Sardo
granite countertops, which continue into the bathrooms. Dal-Tile
18-by-18-inch gray ceramic tile and Mohawk Templestone carpeting
complete the home's stylish interior. Quality construction includes
full two-story concrete-block construction for added
durability.
Located in Riviera Bella East, residents enjoy an impressive
collection of amenities, including a community boat dock,
resort-style swimming pool, fitness center, media room, billiard
tables, basketball courts, playgrounds, splash pads, and an
Envera-controlled gated entrance. This exceptional home offers
privacy, modern comfort, and the opportunity to enjoy the Florida
lifestyle at its best. Owner will consider closing cost incentives
for the buyers.
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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