Beautifully updated 4-bedroom (Plus Office), 2-story Estate
offering over 3,300 sq. ft. of living space in the highly desirable
Village of Legacy Chase at Smith Farm! Impressive curb appeal with
a brick facade, paver driveway and lush landscaping. The chef's
kitchen boasts abundant cabinetry, granite countertops, a large
island and walk-in pantry. Versatile first-floor bedroom is ideal
for an office, gym or playroom. Upstairs features wood style
flooring and an oversized luxurious primary suite with private
sitting area, Balcony, dual bathrooms, custom shower and vanity.
Escape to your own tropical paradise featuring a resort-style pool,
outdoor kitchen, lush privacy landscaping and covered living and
dining areas. Some Photos are virtually staged. Welcome to Smith
Farm, a premier gated community in Lake Worth featuring 1,242 homes
across 10 distinctive villages. Residents enjoy an exceptional
array of resort-style amenities, including two swimming pools, a
relaxing spa, children's splash pad and kiddie pool, a fully
equipped fitness center, playground, tennis and racquetball courts,
basketball courts, baseball field, and soccer field. With
beautifully maintained grounds, abundant recreational opportunities
and a convenient location near shopping, dining, entertainment and
major roadways, Smith Farm offers an outstanding South Florida
lifestyle!
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.
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