This listing contains virtually staged photos. Welcome to
your dream villa in the highly sought-after community of Venetian
Isles! This bright and beautifully updated residence offers 2
bedrooms, 2 bathrooms, a spacious den, and an attached garage, all
thoughtfully designed for comfort and easy living. Step
inside to discover a light-filled interior featuring neutral paint
throughout, tile flooring in the main living areas, and laminate
flooring in the bedrooms and den. The stunning kitchen showcases
42" white cabinetry, granite countertops, and stainless steel
appliances, while both bathrooms have been tastefully remodeled
with modern finishes. Enjoy seamless indoor-outdoor living as
you step onto your screened-in patio, where you can relax and take
in tranquil lake views- perfect for morning coffee or evening
unwinding. Venetian Isles offers an exceptional
lifestyle with resort-style amenities, including a beautifully
appointed clubhouse, cafe with no mandatory spend, two pools
(including a resistance pool), tennis and pickleball courts,
shuffleboard, a fitness center, scenic walking trails, and a
vibrant social calendar. HOA dues include Bluestream basic
cable and internet, landscaping, irrigation, and a guarded gate
with security monitoring for added peace of mind. A one-time
capital contribution of $5,470 is due at closing. Residents may
have up to two pets (no aggressive breeds). Leasing is permitted
with restrictions, including a one-time rental moratorium and a
maximum of two rentals per year. Don't miss the opportunity
to enjoy low-maintenance living in one of the area's most desirable
active adult communities! INFORMATION HEREIN NOT GUARANTEED
AND SUBJECT TO ERRORS & OMISSIONS. ALL MEASUREMENTS APPROXIMATE.
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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