**STUNNING, UPDATED, MAINTENANCE-FREE Home is located in EMERALD
WOODS, behind the Secure Gates of the Distinguished OAKS PRESERVE
Neighborhood. Offering 3-Beds (or 2-Beds plus Den), 2-Baths and
2-Car Garage, Premium finishes abound throughout this home and
include a Chef's Kitchen, Tray Ceilings, Crown Moldings, Beautiful
Luxury Vinyl Wood Plank, Plantation Shutters, an Oversized, Owner's
Bedroom Suite with Multiple walk-in closets and sitting area and
much more! Enjoy the expansive and private outdoor living area in a
screened lanai with wet bar and southern exposure overlooking a
Garden and Tranquil Preserve. Mostly NEW Hurricane Impact
Windows/Door. THE OAKS is a distinguished, 24hr Guarded, Country
Club Community which boasts many accolades including: Platinum Club
of America, Emerald Club of the World, Elite Distinguished Club of
the World and One of America's Healthiest Clubs - where amenities
include Three Restaurants, Ballroom, Two 18-hole championship GOLF
courses, award-winning RACQUETS program with 12 Har-Tru Hydro-Grid
TENNIS courts, 4 PICKLEBALL Courts, wonderful CROQUET facility,
state-of-the-art FITNESS center and junior Olympic, heated
community SWIMMING POOL, Bocce, Basketball Court, Playground and
more! The Oaks is just minutes from nationally ranked Pine View
School, the Legacy Bike Trail, area Beaches and all that Gulf Coast
living has to offer. Membership is required and there is NO
WAITLIST for GOLF or SOCIAL Membership.
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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