6112 WATERCOLOR DRIVE
About This Property
Designed for both comfort and entertaining, the open-concept floor plan is filled with natural light and enhanced by luxury finishes throughout. The chef-inspired kitchen serves as the heart of the home, featuring an oversized quartz island, abundant cabinetry, stainless steel appliances, gas cooktop, Built-in stainless steel double stacked oven with microwave, subway tile backsplash, walk-in pantry, designer lighting, and extensive counter space for meal preparation and gathering with family and friends. The spacious living and dining areas flow seamlessly together, creating an inviting atmosphere for everyday living and special occasions alike.
The private owner's retreat offers a peaceful escape with a tray ceiling, spa-inspired bathroom featuring dual vanities, a soaking tub, oversized walk-in shower, and an impressive custom walk-in closet. Flexible secondary bedrooms provide ideal space for guests, hobbies, or a home office. Additional upgrades include laminated wood flooring throughout the main living areas, crown molding, recessed lighting, plantation-style finishes, spacious laundry room with gas dryer and an electric washer, and a screened lanai perfect for enjoying Florida's beautiful weather year-round.
Adding even more value, the home includes solar panels, helping provide energy efficiency and potential utility savings while supporting a more sustainable lifestyle.
Life at Encore is about far more than the home itself. Residents enjoy exclusive access to The Oasis Club, featuring a heated resort-style infinity pool, spa, pickleball courts, bocce ball, basketball, fitness center, yoga studio, gathering rooms, outdoor grilling stations, and a full-time lifestyle director coordinating an active calendar of social events and activities. As an Encore resident, you'll also enjoy access to FishHawk Ranch's award-winning amenities, including multiple pools, fitness centers, dog parks, playgrounds, The Lake House, community events, scenic parks, and over 25 miles of walking, biking, and nature trails.
Whether you're looking to simplify life without sacrificing luxury, help parents transition into an active and welcoming community, or enjoy the next chapter surrounded by outstanding amenities and new friendships, this exceptional home delivers the perfect combination of elegance, convenience, and maintenance-free Florida living.
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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 Fish Hawk
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017