Under Construction. What's Special: Water View | Oversized Garage |
West Facing Log. New Construction - November Completion! Welcome to
the Farnese at 3826 Masaniello Way in Esplanade at Wiregrass Ranch!
This thoughtfully designed home offers an open layout centered
around a gourmet kitchen with a large island, abundant cabinet
space, and a seamless connection to the casual dining area and
great room. The expansive lanai creates an inviting extension of
the home, perfect for relaxing or spending time with guests. Tucked
away for privacy, the primary suite offers a spacious retreat with
a well-appointed bath, a dual sink vanity, corner shower and a
generous walk-in closet. Two secondary bedrooms are thoughtfully
positioned on opposite sides of the home, each with its own full
bath, providing privacy and comfort for guests. A dedicated study
adds flexibility for working from home, hobbies, or a quiet place
to unwind. Additional Highlights Include: tray ceiling package,
pocket sliding glass door in great room, 4' garage extension,
laundry sink, and outdoor kitchen rough-in. Photos are for
representative purposes only. MLS#TB8529051 - Esplanade at
Wiregrass Ranch is a 55+ community that offers a resort-style
lifestyle centered on wellness, social connection, and recreation.
Residents enjoy curated experiences including wine tastings,
chef-inspired dining, live entertainment, and excursions, along
with luxury amenities designed to support an active and engaging
everyday lifestyle.
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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