Welcome to this beautifully appointed 4-bedroom, 3-bathroom
single-family home located in the highly desirable gated community
of Water Ridge. Built in 2023 by renowned luxury builder Arthur
Rutenberg, this residence combines quality craftsmanship,
thoughtful design, and effortless Florida living. The
open-concept floor plan creates a spacious and inviting
environment, ideal for both everyday living and entertaining.
Elegant porcelain tile floors flow throughout the main living
areas, complemented by sophisticated stone countertops and quality
finishes. The expansive primary suite offers a private retreat,
featuring a generously sized bedroom and a massive walk-in closet
providing exceptional storage. A 3-car garage adds convenience and
valuable space for vehicles, recreation equipment, and additional
storage. With four bedrooms and a versatile open layout, the home
offers plenty of room for family and guests. Residents of Water
Ridge enjoy an impressive resort-style lifestyle, including a
clubhouse, three community pools, tennis and pickleball courts, and
lake access. Whether you're relaxing poolside, enjoying a day on
the water, or taking advantage of the community's recreational
amenities, Water Ridge offers an exceptional combination of
comfort, recreation, and security. Conveniently located just
minutes from Interstate 4, this home provides easy access to
Central Florida's major attractions, employment centers, shopping,
dining, and surrounding communities. Built in 2023. Arthur
Rutenberg quality. Gated Water Ridge lifestyle. Three-car garage.
Move-in ready. This is Florida living at its best.
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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