Welcome to this exceptional home offering style, space, and comfort
in the highly desirable community of Westlake. This property stands
out by sitting on one of the largest lots in the community,
offering exceptional outdoor space, added privacy, and plenty of
room to enjoy the Florida lifestyle. The home features a
bright, open-concept layout designed for comfortable everyday
living and entertaining. Spacious living areas, a modern kitchen,
and well-appointed bedrooms create a welcoming atmosphere
throughout. A major added benefit is the home's fully
paid-off solar panel system, allowing the new owner to enjoy the
advantages of solar energy without assuming a loan or lease-a
valuable feature that can help significantly reduce monthly
electric expenses. With its oversized lot, paid-off solar panels,
and location within one of Westlake's sought-after neighborhoods,
5447 Starfish Cove offers a combination of space, efficiency, and
lifestyle that is difficult to find. Enjoy everything Westlake has
to offer, including beautiful community amenities, recreation, and
convenient access to shopping, dining, schools, and major roadways.
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.
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017