265 Tequesta Drive
About This Property
Upon entering, grand columns elegantly divide the foyer from the living and dining areas, setting the stage for the home's architectural sophistication. The expansive open floor plan is perfect for entertaining, enhanced by unique ceiling variations, curved walls and custom windows that add striking design elements throughout.
The luxurious master suite boasts two spacious walk-in closets and connects seamlessly to a beautifully appointed office featuring hardwood floors and custom-built bookcases. The spa-like master bath includes a garden tub, stylish sinks, and a stunning stone shower accentuated by glass blocks.
Step outside to enjoy the serene lake views while relaxing by the pool or grilling in your private oasis. The ambiance is complemented by the soothing sounds of nature. Thoughtful details such as curved track lighting in the hallways and premium hard-wired Bose speakers to enhance the home's refined comfort. With distinctive architectural details, this home is truly one-of-a-kind.
Emerald Lakes amenities include a beautiful, freshly refurbished pool, a children's playground, as well as tennis and basketball courts, Roads were repaved April 2023. A great community to live, work and play!!
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What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017