As you walk thru the etched double door entry you will notice a
wide open bright spacious floor plan with soaring ceilings.This
beautifully renovated pool/spa home has 3 BR's plus an oversized
loft (den,office, guests).Enjoy a chefs kitchen with quartz
counters, countertop seating, and ample refinished cabinets. Other
features included: updated bathrms, plantation shutters, automated
pool system, generator has dedicated fuse box, hybrid water heater,
and much more.1st Floor primary BR has walk in custom closets and
renovated bathroom with extra storage.Step outside to your own
paradise. Relax and entertain, year round, by your heated salt
pool/spa surrounded by lush landscaping.Enjoy the security of a
manned security gate and comfort of FULL IMPACT WINDOWS, GARAGE,
FRONT DOOR and NEW ROOF. Polo Trace has a spectacular large
clubhouse: Restaurant and Bar (open 7 days), 2 Resort Style Pools,
Spa, Pickleball, Tennis, Bocce Ball, Basketball, Fitness Center
with Fitness Classes, Basketball, Card Rooms, Social Room with
events, Playground, Manned Security Gate, and
beautifully landscaped 2 mile Walking Path. Come enjoy the
lifestyle of Polo Trace.
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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