Welcome to Venetian Isles, a gated 55+ active lifestyle community!
With over $100k in upgrades this 4BR/3BA home features waterproof
vinyl flooring throughout, a modern kitchen with shaker cabinets,
quartz countertops, and stainless steel appliances. All bathrooms
have been beautifully renovated with new tile, vanities, and
fixtures. The primary suite offers two walk-in closets, a soaking
tub, and separate shower. Triple-split floor plan includes a
secondary ensuite bedroom with walk-in closet, ideal for guests.
Volume ceilings and a formal dining room/flex space add
versatility. A/C replaced in 2025. HOA includes internet, cable,
landscaping, and sprinklers. Pets welcome; rentals permitted after
1 year. Amenities: tennis, pickleball, pools, fitness, sauna,
restaurant and more.
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.
This 55+home has 4BED/3BATH featuring 2 primary suites, perfect for multi-generational living, office & den. The open floor plan & high ceilings create a bright atmosphere. The large kitchen has white cabinets, granite countertops & large eat-in area/family room offering flex space. The home is accented with crown molding which elevates the neutral decor. Enjoy relaxing outdoors in the screened lanai, offering a peaceful space to unwind. Newly renovated Clubhouse with amenities, 2 pools, fitness, billiards, Pickleball, restaurant & bar. HOA includes lawncare, cable, internet, alarm & manned gate. This home is move-in ready & awaits a new owner! Seller is motivated to sell asap. Amenities: New state-of-the-art Clubhouse w/restaurant, Mezz/rooftop bar, card rooms, arts & crafts, billiards, library, social hall w/shows/parties/entertainment all year round. Gym & Yoga Studio offer fitness classes, personal trainers & workout eqpt. Pickle Ball, Tennis, Bocce, Putting Green, resistance pool & large pool.
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017