Welcome to 8249 Viale Matera in the gated Isola Bella community in
Lake Worth. This two-story waterfront home offers 3,269 square feet
of living space and 4,519 square feet of total area, featuring five
bedrooms, four full bathrooms, and a three-car attached garage plus
a driveway for additional parking. Situated on a cul-de-sac, the
home features impact windows for storm protection and a spacious
layout designed for comfortable everyday living and entertaining.
Seller improvements include both AC systems replaced in 2021
and 2024, a 50-gallon water heater installed in 2018, travertine
flooring throughout the main living areas, Hunter Douglas window
treatments downstairs, updated light fixtures throughout, and
ceiling fans updated in 2026 outdoors and 2018 indoors. The
office/fifth bedroom features wood paneling, while the stair
railing was replaced with bamboo wood in 2018. The kitchen, primary
bathroom, and other bathrooms were upgraded in 2016, featuring
quartz countertops and a kitchen island. Chandeliers and accent
lighting were added in 2018, along with whole-house crown molding
and new dining room baseboards installed in 2026. The laundry
area includes a Samsung washer and dryer from 2017, along with a
2016 JennAir refrigerator. Other appliances have also been replaced
and matched for a cohesive look. Landscaping throughout the yard
was updated in 2018. Isola Bella offers a variety of
amenities, including a gated entrance with a 24-hour manned
guardhouse, a clubhouse with social and conference rooms, school
bus shelters and gazebos, two tennis courts, including one hybrid
pickleball court, a basketball court, a heated pool and spa, a
children's splash pad, cabana bathrooms near the pool, spa, and
tennis areas, a toddler and children's playground, and a full
fitness center.
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.
Parking Features: Attached, Driveway, Garage, Garage Door Opener
Garage Spaces: 3
Interior Details
Full Bathrooms: 5
Interior Features: Breakfast Bar, Built-in Features, Entrance Foyer, High Ceilings, Kitchen Island, Pantry, Soaking Tub, Bar, Attic, Bathtub, ClosetCabinetry, DiningArea, SeparateFormalDiningRoom, GardenTubRomanTub, JettedTub, KitchenDiningCombo, MultipleEnSuiteBathrooms, PullDownAtticStairs, SittingAreaInPrimary, SplitBedrooms, SeparateShower
Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer
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