6596 Boticelli Drive
About This Property
It all starts with the Beautiful Landscaping and Accordion Hurricane Shutters.
Beginning with the magnificent view you see as you walk through the Double entry doors you realize this home is a mix of quality and the finest location. The view is breathtaking, a mix of water as far as the eye can see. The kitchen with newer Refrigerator, features 42'' White Cabinets with Corian countertops.
What sets Bellaggio apart from other communities, is its large percentage of lakes, wetlands and its magnificent homes. The Celestia is a very popular model with over 2300 sq. ft. of living space This home has wide dark wood molding throughout. Diagonal Neutral Beige Ceramic floors can be found throughout the home except for the bedrooms which have carpeting. Jack and Jill Bedrooms are separated with a full Guest Bathroom.
The sliding glass doors in the family room and living rooms reveal the magnificent view with a huge extended lanai. As you drive through the guarded gates you realize Bellaggio is an active community. From its well-manicured grounds and tropical plantings to its 10 har-tru Tennis Courts, 5 lighted for night play, Bocce ball, Indoor and Outdoor pools, separate Fitness center, Bistro/Cafe (Owners get a $250 Credit on theirs Cafe Card) and 4 Brand New Pickleball Courts. There is a Grand Ballroom featuring Top-notch entertainment and events. There are also dozens of clubs and activities. There are three Card Rooms, a Billiards Room, Library, Media and Club Room and an Arts & Crafts Room. If you are looking for a spectacular custom home with a magnificent view in a wonderful active community "Welcome Home."
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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.
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About Towne Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017