8218 GENOA BOULEVARD
About This Property
An expansive outdoor retreat elevates the Florida living experience with a panoramic screened lanai, extensive open and under cover spaces grounded with pavers, fully loaded summer kitchen with even a pizza oven, PebbleTec heated saltwater pool/spa with sun shelf, fireplace, and a serene lake view with sunsets delivered nightly.
Ten foot impact glass sliders seamlessly connect the outdoor oasis to a luxuriantly large great room, dining area and gourmet kitchen with sumptuous luxury plan vinyl crowned with soaring ceilings creating an open continuity of space. The kitchen further accentuates with white wood cabinetry, quartz counters, stainless steel appliances, and walk-in pantry.
Relax and unwind in the owner's quarters positioned on a private wing, offering double tray ceilings, large scale windows, direct lanai access, wood flooring, two oversized walk-in closets, and an appointed spa-like bath with two vanity stations , an oversized shower, large soaking tub, and separate water closet. Family and overnight guests will appreciate the three additional guest suites, all generous in size, all with walk-in closets, two offer ensuite full baths, while the third guest room is just off the home's fourth full bath.
An impressive club room directly off lanai beckons for entertaining with glorious views beyond, plus the residence delivers an impressive office behind double-entry doors just off the entry foyer. Other notable highlights of this all-encompassing 5,963 total square foot residence includes a brilliantly finished laundry room, a pool with auto-fill and auto-drain, all impact windows and doors, and an oversized three car garage with electric car charging station.
This newer and modern offering is the pinnacle of luxury living in The Lake Club, where residents enjoy access to a wealth of amenities, including two resort-style heated pools, Grande Clubhouse with fine dining and bar area, a fitness center, spa, tennis courts, pickleball, a playground, dog park, and services of a full-time concierge and activities director.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017