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3911 CLUB CIRCLE
About This Property
One of the home's most inviting features is the approximately 7' x 24' Florida room overlooking the lake, a wonderful spot for morning coffee, reading, entertaining, or simply relaxing while enjoying the peaceful water view.
Another great advantage: the seller has already paid the current special assessment in full. Lakeshore Club Villas is also experiencing a period of renewal, with community roofs being replaced and additional improvements underway, adding to the appeal and future enjoyment of the neighborhood.
The HOA fee is approximately $350 per month and provides exceptional value by including water, sewer, trash, exterior and landscape maintenance, internet, pool maintenance, community security, and access to the community amenities.
For buyers looking beyond a primary or seasonal residence, the community also allows both short-term and long-term rentals, providing additional flexibility for those considering the property as an investment or income-producing opportunity.
And there is plenty to enjoy! Spend the day by the resort-style pool, spa and jacuzzi, join activities at the clubhouse, play mini-golf, tennis, racquetball, bocce, basketball, shuffleboard or horseshoes, explore the lighted walking and nature trails and more
For those who love the water, the community offers marina access and boat slips on Lake Walk-In-Water, an approximately 7,500-acre lake well known for bass fishing.
Lakeshore Club Villas also offers something you don't find in every community-a convenient **Town Square** with a chapel, post office, library, thrift store, salon, laundry facilities, car wash, Bingo, and more.
All of this is just minutes from Downtown Lake Wales, shopping, restaurants, healthcare, Highway 27, and the Florida Turnpike.
Whether your vision is a Florida getaway, a full-time residence, or an investment property, this villa gives you the opportunity to make it your own while enjoying lake views and everything this unique community has to offer.
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What does this mean?
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.
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