516 PENINSULA Court
About This Property
As you approach La Casa Lavanda, your senses come alive with the scent of fragrant lavender and the beauty of perennial flowers and mature trees and shrubs. This special CB home's professional landscaping, timeless features, and thoughtful custom designs and finishes put it in a class of its own. Breathtaking lake views inside and out along with its dedication to privacy and stunning array of low-maintenance native and naturalized landscaping make it a truly special home.
Commodores Club tops the list of favorite local neighborhoods, with well-maintained homes, low HOA dues, and delightful amenities, including a pool, pavilion, and tennis court-all just a few blocks from the beach. Like to entertain? The 12.5 ft kitchen island, 1 ¼ inch high-gloss granite and Kitchen Aid dual-zone wine cooler are ready for your guests, along with SS appliances, a five-burner glass cooktop for convenient cleaning, and top-of-the line solid maple cabinetry.
The open floor plan boasts solid maple flooring and cathedral ceilings, flooding the home with natural, diffuse light. The great room design allows for both interaction with guests or cozy family time in front of the fireplace and built-TV. Gracious living space extends from the living area to the lakeview sun porch, offering unparalleled long views of the lake, yet landscaped for privacy. Outside you will find two very private gathering areas, one a spacious paver patio from which to enjoy the abundance of aquatic and migratory birds. An additional private garden seating area under the shade of a palm tree surrounds you with the scented blossoms of the Meyer lemon tree and the delights of butterflies landing on adjacent flowering shrubs. An herb garden beside the seating wall adds a special touch for gourmet meals.
The split plan offers maximum privacy with a spacious master with beautifully updated bathroom, large shower, designer tile with glass accents, custom mirrors, vanity, and medicine cabinet and granite you will appreciate. Bedroom #2 is has a water view, with the third bedroom facing the front garden. The guest bathroom is gorgeously designed with glass tile accents, Kohler jetted tub and shower combination, custom mirror and vanity with granite top. The two-car garage offers storage cabinetry and a built-in folding workbench. This home comes with a one-year home warranty, has a 2018 roof, sprinkler system, termite bond, updated hot water heater and electric and UV protect windows.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 19, 2021 | Sold | ||
| Sold | |||
| Mar 17, 2021 | Listed by BERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY | $435,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY | |||
| Jul 5, 2011 | Sold | ||
| Sold | |||
| Jan 19, 2011 | Listed by BERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY | $235,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017