Turnkey! Move right into this updated home on one of the most
private and desirable lots in The Cascades! This spacious
3-bedroom, 2-bath EXPANDED single-story residence enjoys beautiful
water and golf course views with no rear neighbors. NEW ROOF in
2025. The light-filled OPEN floor plan features high ceilings,
generously sized living and dining areas, beautiful built-ins,
excellent storage, and a split-bedroom layout. The spacious kitchen
offers stainless steel appliances, abundant cabinetry & counter
space. The primary suite features two walk-in closets and an
en-suite bath with dual sinks. Step outside to the huge screened
patio and private backyard-the perfect setting for enjoying the
Florida lifestyle. Accordion hurricane shutters throughout, a two
car garage, separate laundry room, and the option to purchase
furnished! Cascades is a premier 55+ gated community offering a
beautifully renovated clubhouse, resort-style pool, fitness center,
tennis, pickleball, bocce, cafe, clubs, classes, entertainment and
an active social calendar. Like a country club without the Country
Club fees. Conveniently located next to the Westchester Golf Course
with convenient access to shopping, dining, beaches, I-95 and the
Turnpike.
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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