Tucked away on an extraordinary .55-acre lot in one of the area's
most sought-after storybook neighborhoods, this one-of-a-kind
courtyard estate is surrounded by nature preserves on the front,
side, and rear, creating unmatched privacy and breathtaking views.
Step through grand oversized double doors into your own private
oasis featuring a newly tiled pool and expansive covered lanai. The
3-bedroom, 3-bath main home with a private detached 1-bedroom,
1-bath guest suite ideal for extended family or visitors, wraps
around the courtyard, filling every room with serene pool views.
Designed for entertaining, it offers spacious living and dining
areas, a family room open to the gourmet kitchen with 42'' wood
cabinetry, stainless appliances, gas range, breakfast bar, and
dramatic 16' sliders. The luxurious primary retreat boasts two
oversized walk-in closets, a spa bath with a jetted soaking tub for
two, and a separate walk-in shower. A rare blend of elegance,
privacy, and timeless design. Fantastic layout where each bedroom
has its own bathroom, 3 of them are ensuite and 3 bedrooms have
their own exterior entrance and access to the pool. Roof 2022. $20K
upgrade in motorized blinds throughout home. Water Heater 2024 with
warranty till 2027. AC 2025. Garage is oversized at 770 sf.
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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