Located in Glen Lakes, this Palmwood built pool home is situated on
one-third acre and backs to a very peaceful pond and preserve;
perfect for relaxing by the heated pool with a good book or
entertaining friends. New roof in 2021 and new A/C in 2020! 3
bedrooms+den/2 baths/oversized 2 car garage. This Antigua model has
wonderful curb appeal and is nicely landscaped. Double entry doors
lead to the living room and sliders overlooking the pool. A
separate dining area can also be used as a flex room for a more
casual approach to living. A very large and open kitchen has Corian
counters, abundant storage, stainless steel appliances include
range, microwave, 1 year old refrigerator and Bosch dishwasher, 2
closet pantries, breakfast bar, breakfast nook (7x10) with windows,
laundry room with a closet, sink, cabinets and included
washer/dryer. The kitchen overlooks the family room with built-ins,
gas fireplace and sliders to the pool. The den has Plantation
shutters, crown molding, built-in desk and shelves. The primary
bedroom suite has a double door entry, Plantation shutters,
blinds on 2 sliders for access to pool, twin closets, with the bath
having walk-in shower, garden tub, 2 sinks. The second bath has a
linen closet and door to the pool. Flooring is tile, carpet and
wood. Crown molding, blinds and Plantation shutters, 18" diagonal
tile, abundant storage throughout. High flat ceilings and plenty of
windows and doors make the home have a very light and airy
feel. 2644 living sq. ft., 3712 total sq. ft. HOA FEES INCLUDE
CABLE AND HIGH SPEED INTERNET, PRIVATE MAINTAINED STREETS, 24 HOUR
SECURITY WITH MANNED GATE. Glen Lakes is a wonderful golf course
community and surrounded by the 85,000 acre Chassahowitzka National
Wildlife Refuge. Social membership is NOT required for this home,
but gives access to the Clubhouse, restaurant, bar, Jr. Olympic
size heated pool/spa, fitness center, clay tennis courts,
pickleball courts and a vast array of social clubs. Golf
memberhsips also available.
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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