Skip the wait, but don't sacrifice the upgrades! Welcome to this
beautifully upgraded Allison model in Cresswind at Westlake, an
active 55+ community where resort-style living meets everyday
comfort. This spacious 2-bedroom, 2-bath home features the highly
desirable 4-foot extension in both the primary suite and the lanai,
and extra side yard, providing extra room where it matters most.
Bright and inviting, the home boasts tall ceilings and a
thoughtfully designed layout that is ready for you to move in and
start enjoying. Cresswind offers an incredible active lifestyle
with amenities designed for every interest, including a clubhouse,
event spaces, tennis and pickleball courts, dog park, outdoor spa,
lap pool, dining hall, entertainment center, E-Gym, cardio studio,
and so much more.
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.
Interior Features: High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s), DualSinks, SittingAreaInPrimary, SplitBedrooms
Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Range, Refrigerator, Water Heater, Washer
Flooring Type: Marble, Tile
Laundry Features: Inside, Laundry Room
Exterior Details
Square Footage: 1490
Square Footage Source: $0
Security Features: Security Gate, Gated Community
Property Condition: Resale
Architectural Style: Contemporary, Ranch
Year Built: 2024
Waterfront Features: Pond, None
Builder Name: Kolter Homes
Builder Model: Allison
Building Area Total: 2140
Levels: One
Window Features: Storm Window(s)
Construction Materials: Block, Stucco
Pool Features: Association
Lot Features: SprinklersAutomatic, SprinklerSystem, LessThanQuarterAcre
Lot Size Area: 5227.2
Lot Size Units: Square Feet
Lot Size Acres: 0.12
Lot Size Square Feet: 5227.2
Water Source: Public
Financial Details
Tax Annual Amount: $3,936
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: CommonAreas
HOA/Condo/Coop Amenities: Basketball Court, Billiard Room, Cabana, Clubhouse, Dog Park, Fitness Center, Gated, Maintenance, Playground, Park, Pool, Recreation Facilities, Tennis Court(s), Trail(s), CommunityKitchen, Pickleball, Sidewalks
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