539 Westmount LANE
About This Property
Enjoy the security of a brand new tile roof with this roomy 3-bedroom, 2-bathroom home located in desirable Plantation Golf & Country Club. With an expansive great room and open living space -- it's the perfect floorplan! This home offers a split bedroom plan with the primary suite, the ensuite bathroom and roomy walk-in closet on one side of the house, and the 2nd and 3rd bedrooms on the other side of the house with it's own pocketing door, offering added privacy for all -- the perfect design. There's also an additional office/den for flexible use -- perfect for working remotely. The large kitchen has plenty of countertop space and cabinetry and is complemented by a formal dining room and a cozy breakfast nook overlooking the very private backyard. You can expand the spacious great room with a wall of sliding glass doors that open the house to the comfortably screened lanai, complete with it's own spa/hot tub -- a great place to relax -- and perfect for our warm tropical weather. A large laundry room with ample cabinets provides extra convenience and storage. Situated in a private gated community, this home is just minutes away from the Gulf of Mexico, boutique shopping, a wide array of restaurants, world-class beaches, as well as boating and fishing opportunities. Membership to Plantation Golf & Country Club is NOT mandatory -- it can be joined voluntarily with separate fees. Plantation Golf & Country Club offers two 18-hole golf courses, an expansive pro shop, an olympic-sized pool, tennis, pickleball, bocce, fitness facilities, sauna, clubhouse, dining and special events. Come live the good life...
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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%.
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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.
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About Plantation
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017