From the moment you arrive, you'll know this one is different.
Distinctive cottage-inspired charm, picturesque gables, and a
welcoming covered front porch set this home apart and invite you to
slow down, pull up a rocking chair, and enjoy the peaceful Florida
lifestyle. Step inside and discover soaring ceilings, abundant
natural light, an open and airy feel, and a split floor plan ready
for your personal touch. Major updates include a new 2026 roof and
new 2026 HVAC system, offering peace of mind for years to come.
Bring your vision and imagine the possibilities-choose the
flooring, colors, and finishes you love and transform this
well-loved home into one that is uniquely yours. An extra-large
screened lanai with a high ceiling extends the living space
outdoors, creating the perfect place for morning coffee, quiet
evenings, or entertaining friends. Located in the beautiful 55+
lake community of Arbor Lakes, where peaceful surroundings, lake
access, scenic places to walk, Florida wildlife, and gorgeous
sunrises are all part of everyday life. This isn't about finding a
home that looks like everyone else's-it's about creating one that
feels like yours.
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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