3160 MASTERS DRIVE
About This Property
Offering five bedrooms or four bedrooms plus a dedicated study and three full baths across approximately 3,336 square feet, the flexible split-bedroom layout supports a variety of living arrangements, including guest accommodations, remote work, or multigenerational needs. French doors connect the primary living areas to the expansive enclosed lanai, blending indoor comfort with outdoor living while framing views of the pool and fairway beyond.
The kitchen opens to the family room and outdoor living space, supporting both everyday living and entertaining. Wood and tile flooring run throughout the home with no carpet, and the hardwood floors have been recently refinished in a light matte finish. The interior and exterior have been recently repainted, creating a cohesive, move-in-ready presentation.
The primary suite offers direct lanai access, generous closet space, and a spacious ensuite bath. A separate bedroom wing with a pool bath provides privacy and flexibility for guests or extended stays.
Outdoor living centers around the screened pool area and enclosed lanai, designed for year-round enjoyment while maintaining privacy from the course. An outdoor kitchen with a built-in gas grill enhances outdoor entertaining and alfresco dining.
Major updates include a roof replaced in 2025. Select windows have been updated, and double-pane French doors enhance efficiency and natural light. Irrigation is supplied by well water. The property is located in Flood Zone X, and the optional HOA is approximately $40 annually. Membership at Countryside Country Club is optional.
Clubhouse Estates is conveniently located near shopping, dining, medical facilities, top-rated schools, and Gulf beaches, offering both convenience and an established residential setting.
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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%.
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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.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017