Welcome home to this beautifully maintained 2-bedroom, 2-bath home
with a spacious den, offering comfort, privacy, and easy Florida
living. Built in 2016 with CBS construction and partial impact
windows, this home welcomes you with soaring 12-ft ceilings, 8-ft
doors, new tile in the front room, and an open, inviting floor
plan. The kitchen is the heart of the home, featuring a large
center island, granite countertops, abundant cabinetry, and a
spacious pantry overlooking the main living area. A newly installed
72-inch electric fireplace accented with stacked stone creates a
striking focal point. Updated lighting fixtures and/or ceiling fans
can be found throughout the rooms, adding both style and
functionality. The primary suite features plantation
shutters, two generous closets, dual vanities, and a walk-in
shower. The spacious den offers flexibility for a home office,
additional living space, or guest area. A spacious garage provides
plenty of room for vehicles and additional storage. Step
outside to the private covered patio, a peaceful spot to enjoy your
morning coffee or unwind at the end of the day. Located in an
intimate gated community of just 49 homes, residents enjoy a heated
pool, clubhouse, fitness center, and a low-maintenance lifestyle.
HOA dues are only $230/month and include landscaping and irrigation
along with community amenities. Conveniently located near
I-95, shopping, dining, and the mall, with the beach only about 20
minutes away. Whether you're looking for your first home, a
seasonal Florida retreat, or a comfortable place to enjoy
retirement, this home delivers an ideal combination of privacy,
convenience, low-maintenance living, and value.
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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