480 Lost Shaker WAY
About This Property
Welcome to your dream home nestled in the serene 55+ community of Latitude Margaritaville. This meticulously maintained 2-bedroom, 2-bathroom home with a den offers the perfect blend of elegance, comfort, and convenience, spanning across 1563 square feet of living space.
As you step inside, you'll be greeted by the timeless beauty of tile flooring throughout, complemented by crown molding and 5 1/4" baseboards, creating a sense of luxury in every corner. Natural light floods the space, enhanced by Solartube and recessed lighting, creating a bright and airy ambiance.
Entertain guests in style in the spacious living area, featuring eight-foot doors that open up to a picturesque water view. Whether you're hosting gatherings or enjoying quiet evenings, this home offers the perfect setting.
The heart of the home is the gourmet kitchen, boasting 42" white shaker cabinets, quartz countertops, and a bar fridge, making meal preparation a delight. Tiled showers add a touch of sophistication to the bathrooms, while the master suite offers a tranquil retreat after a long day.
Step outside to your private oasis, where relaxation awaits. Take a dip in the heated saltwater pool, surrounded by lush landscaping and expansive views of the water. With a large lot and plenty of outdoor space, there's ample room for outdoor dining and lounging under the sun.
But the amenities don't stop there! Residents of Latitude Margaritaville enjoy access to a wealth of resort-style facilities, including 4 pools, a beach pool, Clayground, wood shop, fitness center, Mango Theater, Pickleball courts, tennis courts, a band shell, and Bocce ball.
Don't miss the opportunity to make this exquisite home yours. Schedule your private tour today and experience luxury living at its finest!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017