A front-row seat to shimmering lake views, dramatic architecture &
resort-style outdoor living awaits in this beautifully updated
Tortoise Island residence, where a circular driveway w/porte
cochere creates an unforgettable arrival. Freshly painted inside &
out, the home showcases sky-high ceilings, NEW wood-look tile
flooring throughout, plantation shutters, & NEW remote-controlled
blinds/shutters that add both style & convenience. A formal dining
area framed by a modern wood-tempered-glass railing overlooks the
step-down formal living room, where triple sliders capture sunny
pool/lake views while opening seamlessly to the lanai. The sleekly
redesigned kitchen features Quartzite countertops, a 5-burner gas
cooktop island, breakfast bar, chevron mosaic -pattern tile
backsplash, wall oven/microwave, & crisp white cabinetry, all
flowing into a casual dining area w/a stunning butted glass window
overlooking the water & an expansive family room designed for
effortless indoor/outdoor entertaining. The spacious primary suite
opens directly to the pool & offers dual walk-in closets along w/a
contemporary ensuite featuring double sinks, a stand-alone soaking
tub, & a geometric slate-tiled shower. Two additional bedrooms
share an updated bath w/eye-catching blue subway tile, while the
fourth bedroom at the front of the home serves beautifully as a
guest room/office w/an adjacent shower bath nearby. The laundry
room is equally functional w/stone counters, cabinetry, sink, &
garage access. Outdoors, a breezy covered lanai w/an outdoor
kitchen overlooks the free-form pool w/a rock waterfall & NEW pool
pump, all set against peaceful lakeside views.
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.
Short Sale! Bank price! Lowest price in exclusive, secure Tortoise Island! Stunning pool home! Quality CBS 1994 construction - tile roof! Circular driveway & portico greet you! Step inside to breathtaking views of livingrm & fountain pool with shimmering water backdrop! Soaring ceilings, gleaming tile floors--marvelously decorated! Gorumet kitchen-black granite, 42'''' pickled oak cabinetry, center island & snack bar! Spacious familyrm adjacent to kitchen & breakfast area! 24 hr security! Safe!
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Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Breakfast Bar, Ceiling Fan(s), Central Vacuum, His and Hers Closets, Kitchen Island, Open Floorplan, Smart Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Primary Bathroom -Tub with Separate Shower, Split Bedrooms
Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Washer
Flooring Type: Tile
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Sink, Washer Hookup
Exterior Details
Square Footage: 2524
Square Footage Source: $0
Security Features: Gated with Guard
Year Built: 1994
Waterfront Features: Lake Front
Levels: One
Other Structures: Outdoor Kitchen
Construction Materials: Concrete, Stucco
Patio and Porch Features: Covered, Patio
Pool Features: Fenced, In Ground, Waterfall
Pool is Private
Lot Features: Few Trees, Sprinklers In Front, Sprinklers In Rear
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