Tucked within Terracina, one of Vineyards' most distinctive
enclaves, this custom-built estate offers over 4,500 square feet of
gracious living, remarkable architectural detail, and sweeping
views across the lake. Its timeless Mediterranean architecture and
thoughtfully designed interiors reflect a level of craftsmanship
and individuality rarely encountered today. A dramatic entry with
rich mahogany doors introduces soaring ceilings, elaborate
millwork, elegant marble flooring, and beautifully proportioned
formal living spaces. The thoughtfully designed floor plan offers
four ensuite bedrooms and a private office, with generous gathering
spaces that accommodate both entertaining and everyday living. The
secluded primary suite is a retreat of its own, featuring wood
flooring, a fireplace, an expansive bath, and generous walk-in
closets. Two guest suites offer comfortable accommodations and
privacy, while the versatile fourth ensuite bedroom, with direct
access to the outdoor living area, can easily serve as a media
room, recreation space, or additional guest retreat. Outdoor living
is equally compelling. An expansive covered lanai, heated pool and
spa, and outdoor bar create an inviting setting for entertaining or
simply enjoying the peaceful lakefront backdrop. An added bonus:
the outdoor living area is equipped with Kevlar hurricane
protection screens. Residents of Vineyards enjoy a beautifully
established community with optional membership opportunities at
Vineyards Country Club, offering golf, wellness, dining, and social
amenities. Golf memberships are currently available without a
waitlist, subject to club confirmation.With homes in Terracina
seldom available, this is a rare opportunity to own a residence
distinguished by its generous scale, architectural personality, and
exceptional setting.
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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