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533 FALLBROOK DRIVE
About This Property
This beautifully maintained, maintenance-free courtyard pool home offers a unique blend of indoor-outdoor living and sweeping golf course views-perfectly positioned to capture the beauty of the recently renovated 18-hole Audubon-certified course.
Enter through your private courtyard oasis, where a sparkling pool and covered lanai create the ultimate setting for relaxing or entertaining. Just beyond, a separate guest suite with a full bath provides exceptional flexibility-ideal as a private in-law suite, guest quarters, or even a secluded home office.
Inside, the home opens to a bright and spacious family room with sliding glass doors framing expansive golf course vistas. The kitchen is thoughtfully appointed with wood cabinetry, stainless steel appliances, granite countertops, and a breakfast bar, while a charming dining nook showcases picturesque views of the fairway and stunning evening skies over hole #6.
The primary suite is a true retreat, featuring a generous layout, a spa-like bath with double vanities, soaking tub, walk-in shower, and a large walk-in closet with natural light and tranquil golf course views. A versatile third bedroom-currently styled as an office-offers direct access to the courtyard, enhancing the home's seamless flow.
Complete with a two-car garage and additional storage, this residence is designed for both comfort and convenience.
As a resident, you'll enjoy the full lifestyle experience of Venice Golf & Country Club, including championship golf, Har-Tru tennis courts, a state-of-the-art fitness center, and both casual and fine dining-all within a beautifully established, gated community.
Live where every day feels like a resort-private, picturesque, and perfectly yours.
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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