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5732 MULLIGAN WAY
About This Property
The open-concept great room commands attention with its volume ceilings, tray details, and crown molding throughout. The chef's kitchen is appointed with premium stainless appliances including a convection oven, gas cooktop, range hood, French-door refrigerator and a large center island with granite countertops and solid wood cabinetry - all flowing seamlessly into the breakfast area and formal dining room. The split bedroom plan offers privacy for all, with a luxurious primary suite featuring dual walk-in closets, a soaking tub, separate shower, and sweeping views of the water and fairway. An additional guest bedroom includes an en-suite bath. The third bedroom features a walk-in closet. The fourth bedroom/den, also with a walk-in closet, offers flexible living space.
Step outside to your private western-facing oasis and prepare to be captivated - spectacular sunset views over the sparkling pond and the 15th hole of the Piper course paint the sky every evening. The screened lanai with wood-panel ceiling and fans surrounds a heated pool and spa, while the fully equipped outdoor kitchen with grill makes al fresco entertaining effortless. The 2.5-car garage comes complete with an EV charger.
As a homeowner in Lakewood National Golf Club, your bundled golf membership includes 36 holes of Arnold Palmer-designed championship golf. Resort-style amenities rival a five-star retreat: a resort pool with zero-entry and cascading waterfalls, poolside Tiki Bar & Cafe, full-service spa, state-of-the-art fitness center, 8 lighted Har-Tru tennis courts, pickleball, bocce, and a stunning 28,000 sq ft clubhouse with fine dining - all within the security of a 24-hour guard-gated entrance. Located in the award-winning Lakewood Ranch master-planned community, close to A-rated schools, world-class shopping, and Florida's renowned Gulf Coast beaches. This is not just a home - it's a lifestyle. Schedule your private showing today.
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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