Beautifully renovated and bathed in natural light, this refined
single-story courtyard residence offers a serene, Zen-inspired
ambiance framed by tranquil lake views. Soaring ceilings amplify
the sense of volume throughout 3,385 square feet under air, with
three bedrooms, three-and-a-half bathrooms, a distinctive
glass-enclosed office with a built-in desk, and an inviting media
lounge with a TV and a convertible sofa. Renovated just four
years ago, the home pairs timeless design with thoughtful modern
enhancements. A heated saltwater pool in an inviting courtyard
creates a private, resort-like sense of calm. Notable improvements
include a new metal roof installed in 2026, hurricane-impact doors
and windows in the main house, two air-conditioning units installed
in 2026 and 2022, and two tankless water heaters installed in 2022.
Two mini-split systems also serve the office and two-car garage.
A sophisticated retreat where natural light, considered
design, and peaceful lake views converge. The Polo Club is a
prestigious membership country club offering two championship golf
courses, exceptional tennis and pickleball programs,
state-of-the-art fitness and spa facilities, and a variety of
outstanding dining venues. All residents must have a mandatory club
membership.
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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