Prepare to be captivated by this stunning single-family home,
perfectly situated in the sought-after 55+ gated community of Coral
Lakes! This residence offers an unmatched resort lifestyle with
luxury amenities including a spectacular clubhouse, multiple pools,
a state-of-the-art fitness center, a cafe, theater, tennis courts,
card rooms, and vibrant social clubs. Step through the Grand Double
Door Entrance into a bright, open split floor plan designed for
effortless living. The interior is defined by vaulted ceilings and
elegant recessed lighting. The heart of the home is the beautiful
eat-in kitchen, which features sophisticated granite countertops
with a waterfall island, custom wood cabinets, a large pantry, and
a suite of stainless-steel appliances. The impressive Master
Bedroom offers a private retreat, complete with a generous sitting
area and two expansive walk-in closets. The ensuite master bath is
a spa-like sanctuary with dual sink vanities, a relaxing soaking
tub, and a glass shower. The home is completed by a private,
screened patio overlooking a quiet, lush tropical backyard, perfect
for relaxation and entertaining. Practicality is assured with a
two-car garage and a paver driveway. Located just minutes from fine
dining, premiere shopping, the Turnpike, and I-95, this home offers
the ultimate blend of luxury, convenience, and an active adult
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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