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5817 MULLIGAN WAY
About This Property
The family room is a true showpiece, highlighted by rich wood beams in the tray ceiling, custom built-in shelving, and a striking 6-foot electric fireplace as the focal point. Just off the family room, a beautifully updated home office is filled with natural light-ideal for remote work or a quiet retreat.
The gourmet kitchen is designed to impress, featuring stone countertops, farmhouse sink, stainless steel appliances, tile backsplash, and elegant gold fixtures and hardware. Entertain effortlessly in the formal dining room, showcasing a stunning mother-of-pearl accent wall that will captivate your guests.
The luxurious primary suite offers a spacious walk-in closet and a spa-inspired bath complete with soaking tub, custom-tiled shower, and dual vanities.
Additional highlights include new lighting, a new lanai hurricane screen system, and custom built-ins, reflecting thoughtful upgrades throughout the home.
Step outside to your screened, paver lanai and experience the best of Florida living. This outdoor oasis features a Heated Pool and Spa, fully equipped Outdoor Kitchen, and tranquil golf course views-perfect for relaxing or entertaining in complete privacy.
Located in Lakewood National Golf Club, a premier bundled golf community offering two Arnold Palmer-designed championship courses and exceptional amenities, including tennis, pickleball, bocce, fitness center, tiki bar, and an impressive 28,000 sq ft clubhouse.
Experience resort-style living at its finest!
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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