A rare opportunity to own a beautiful lakefront home on an
exceptionally wide lot in Valencia Pointe. The expansive property
is one of the prettiest and private homes built by GL Homes. The
largest lots and homes in Valencia Pointes Crown Collection; The
Pamplona floor plan offers over 2,700 square feet of thoughtful
living space, with 3 bedrooms, 2.5 baths, and a 2-car garage. The
custom designed split floor plan features marble floors, plantation
shutters, a brand-new refrigerator and AC unit, complete accordion
shutters, custom built ins, keyless entry, and a spacious great
room overlooking the lake. The kitchen features brand-new
quartz countertops, stainless steel appliances, and tons of cabinet
space. The spacious primary suite is a true retreat, offering two
large custom built out walk-in closets and a grand primary bath
with dual sinks, a large soaking tub, and a separate shower.
The exceptionally wide southern exposure lakefront lot with
both a covered and open patio space provides an abundance of space
and endless possibilities to design the outdoor living area you've
always envisioned. Whether you picture a resort-style pool,
expansive covered patio, outdoor kitchen, or multiple seating areas
for entertaining family and friends, this property offers the
canvas to make it your own. Valencia Pointe is a desirable
55+ community of 690 homes in beautiful Palm Beach County. Acres of
tranquil lakes and miles of walking paths create a peaceful
backdrop for the community's impressive 35,000-square-foot
clubhouse and lifestyle center. Developed by highly regarded G.L.
Homes, Valencia Pointe offers residents a carefree lifestyle in a
meticulously maintained community with an array of amenities such
as a restaurant, tennis, pickleball, fitness center, fitness room,
bocce ball, a large pool, and much more! Come experience the
exceptional lot, beautiful lakefront setting, and lifestyle this
special Valencia Pointe property has to offer.
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.
Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
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