Discover the beautifully designed Flatwood Modern Farmhouse floor
plan, an exceptional new construction waterfront home located
within an exclusive 55+ gated community offering resort-style
living. Perfectly positioned on a scenic waterfront homesite with a
desirable north-facing backyard, this residence features an
expansive covered lanai ideal for relaxing, entertaining, and
enjoying peaceful water views year-round. Inside, the open-concept
layout seamlessly connects the great room, gourmet kitchen, and
casual dining area, creating a bright and inviting space for
everyday living and entertaining. Thoughtfully selected designer
finishes enhance every room with timeless style and sophistication.
The luxurious primary suite offers a spa-inspired bath with dual
vanities, a spacious walk-in shower, and an oversized walk-in
closet. Two secondary bedrooms share a convenient Jack-and-Jill
bath, while a versatile flex room provides the perfect space for a
home office, hobby room, or den. Built to today's modern
construction standards, this home includes impact-resistant windows
and doors and is backed by a comprehensive builder warranty for
added peace of mind. Residents enjoy exclusive access to a private
amenity center featuring a full-time lifestyle director,
resort-style pool and spa, state-of-the-art fitness center,
pickleball and tennis courts, golf simulator, and an exciting
calendar of social events. Please refer to the MLS supplements for
the floor plan and interior design selections. Home Site 4655
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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