7414 Chester TRAIL
About This Property
Walk outside to your backyard oasis, a west-facing paradise with unobstructed panoramic water views and lush Florida preserve as your backdrop. Imagine enjoying the majestic Florida sunsets from the pool's sundeck or cozy up next to the natural gas firepit.
This gorgeous piece of property features lots of top-of-the-line upgrades including a Custom Heated Salt Water Pool, Hurricane Impact Glass, Whole-Home Generator, Kevlar Motorized Hurricane Screens, 4' Garage Extension, 16' Clear View Elevated Lanai Cage, 24X24 Travertine Lanai Decking, and the list goes on!
Located in the most sought-after 55+ active lifestyle community of Del Webb in Lakewood Ranch, this popular Pinnacle model is ready for its new owners! Welcome Home!
Del Webb is conveniently located near UTC mall, golf courses, theaters, restaurants, hospitals, and world-famous beaches. Del Webb is maintenance-free, resort-style living with a 28,000 sq. ft. Lakeside Clubhouse with restaurant, heated resort-style pool and spa, world-class gym, plenty of walking and biking trails, pool with poolside food service or just warm yourself by the fire overlooking the main lake. Del Webb is a master planned community designed for those who want to stay active and socialize with your neighbors. CDD fees included in property taxes. SOME FURNISHINGS OPTIONAL UNDER SEPARATE PURCHASE AGREEMENT. SURVEILLANCE EQUIPMENT HAS BEEN INSTALLED INSIDE AND OUTSIDE OF HOME.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2022 | Sold | ||
| Sold | |||
| Jul 14, 2022 | Listed by EXP REALTY LLC | $1,250,000 | |
| Listed by EXP REALTY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017