The Sea Mist plan offers a spacious, open-concept main living area
that brings together the great room, dining area, and island
kitchen for effortless everyday living and entertaining. The
private primary suite features two walk-in closets just off the
bedroom, which is highlighted by an elegant coffered ceiling. The
primary bath is designed for comfort and convenience with dual
sinks, a large walk-in shower, and a separate water closet.
Additional features of the home include a dedicated office, a large
laundry room, a generous covered lanai, a three-car garage, and a
second full bath conveniently located between the two secondary
bedrooms. The upgraded kitchen showcases quartz countertops, a
center island, upgraded soft-close cabinetry with dovetail drawers,
42" upper cabinets, under-cabinet lighting, a designer-selected
backsplash, and stainless steel GE appliances. Further enhancements
include 8-foot interior doors, pocket sliding doors, recessed
ceilings in the great room and primary bedroom, impact-resistant
windows, and a screened-in lanai-adding both style and
functionality throughout the home. The images are not an exact
representation of this feature home and the feature home will not
be sold furnished. This home is being built on Homesite 366.
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.
HOA/Condo/Coop Amenities: Basketball Court, Clubhouse, Dog Park, Fitness Center, Barbecue, Picnic Area, Park, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s), Pickleball, Sidewalks
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