Welcome to 6805 Park Strand Drive, a beautifully appointed
ranch-style pool home in the sought-after Waterset community.
Offering more than 2,100 square feet, this thoughtfully designed
residence features four bedrooms, two bathrooms and an inviting
open-concept layout filled with natural light.Hardwood flooring
flows throughout the main living areas and bedrooms, complemented
by custom wood paneling, barn doors and warm natural accents that
give the home its distinctive character. The spacious kitchen
overlooks the living area and features 42-inch cabinetry, quartz
countertops, dark stainless-steel appliances and generous workspace
for everyday living and entertaining. A whole-house water softener
and reverse-osmosis drinking system at the kitchen sink provide
additional convenience.The private primary suite includes a
spacious bathroom with dual sinks, a walk-in shower and a walk-in
closet featuring custom built-ins. Three additional bedrooms offer
flexibility for family, guests, a home office or other needs.The
fully fenced backyard is an entertainer's dream, featuring a
12-by-24-foot saltwater chlorinated pool, gorgeous artificial turf,
a private putting green and an outdoor grill station. A beautiful
pergola and screened-in lanai create exceptional spaces for dining,
entertaining or simply relaxing outdoors. Whether hosting friends,
practicing your short game or unwinding by the pool, this
impressive backyard is designed for enjoying the Florida lifestyle
year-round. Brick pavers enhance the entryway, front porch,
screened-in lanai and pool deck, while mature landscaping completes
the inviting setting.This move-in-ready home includes all
appliances and is filled with upgrades and distinctive details.
Waterset residents enjoy access to an on-site cafe, clubhouses,
fitness centers, multiple community pools, parks, a fishing pier,
walking and biking trails, a splash pad, dog park, tennis courts
and basketball courts. Convenient access to I-75, U.S. Highway 41
and U.S. Highway 301 makes this an exceptional place to call home.
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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