848 OCEAN JASPER Drive
About This Property
As you step inside, you'll immediately be struck by the elegant tile plank floors and the abundance of natural light that floods the open living space. This home features a multi-generational/in-law suite complete with a kitchenette, offering a perfect solution for families looking for extra space or those who enjoy hosting guests. The spacious living area seamlessly flows into the gourmet kitchen, which boasts high-end stainless steel appliances, custom cabinetry, and a large center island with ample seating for casual dining. The adjacent dining area offers beautiful views of the lake and is perfect for formal or casual dining.
The 2,798 sqft Vilano model home offers four spacious bedrooms, including the luxurious in-law suite, and three-and-a-half beautifully appointed bathrooms. The master suite is a true retreat, complete with stunning lake views, a large walk-in closet, and a spa-like ensuite bathroom.
This property also boasts a range of additional premium features, including a screened lanai, perfect for outdoor entertaining or enjoying the peaceful surroundings, and a three-car garage. The home also comes with a water softener and an irrigation well, providing you with convenience and cost savings.
For those who prioritize eco-friendliness, this home also features solar panels for electricity, providing a sustainable and cost-effective energy solution. Electric bill is $25 monthly.
Don't miss out on this incredible opportunity to own a stunning and newly built home in a prime location just a short drive from the beach, complete with multi-generational living options and all the premium features you could want.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Sep 2, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Listed by YOUR HOME SOLD GUARANTEED REALTY (PC) | $649,750 | |
| Listed by YOUR HOME SOLD GUARANTEED REALTY (PC) | |||
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MOTHER-IN-LAW SUITE WITH EXTRA LIVING SPACE AND KITCHEN. SOLAR PANELS COMPLETELY PAID OFF AND STAYS WITH HOME!! ALL UPGRADED LIGHT FIXTURES, TILE FLOORING, SMART HOME SYSTEM WITH JUST BUILT 2021 HOME!! Experience the epitome of sustainable luxury living in this newly constructed solar-powered oasis nestled along the tranquil lakefront, mere minutes from the picturesque Crescent Beach. Positioned on a prime lot adorned with lush tropical landscaping and swaying palms, this exquisite property offers unparalleled views of both the lake and surrounding preserve. Upon entering, the space exudes a sense of sophistication with its elegant tile plank floors and an abundance of natural light that fills the expansive living area. Ideal for families or hosts alike, the home includes a multi-generational/in-law suite complete with a kitchenette, catering to those seeking additional space or hosting capabilities.
The open living concept seamlessly connects the spacious living area to the gourmet kitchen, equipped with top-of-the-line stainless steel appliances, custom cabinetry, and a sizable center island perfect for casual dining. Adjacent to the kitchen, the dining area overlooks the serene lake, ideal for both formal dinners and casual gatherings. The 2,798 square-foot Vilano model home features four generously sized bedrooms, including a luxurious master suite with sweeping lake views, a sizable walk-in closet, and an indulgent ensuite bathroom. Additional highlights of the property include a screened lanai for outdoor entertaining or relaxation, a three-car garage for ample vehicle and storage space, and practical amenities such as a water softener and irrigation well, ensuring both convenience and efficiency.
For those with a commitment to sustainability, the home boasts solar panels that significantly reduce electricity costs to a mere $25 monthly, exemplifying an environmentally conscious and cost-effective energy solution. Don't miss the chance to own this exceptional home in a prime location just moments from the beach, offering multi-generational living options and a plethora of premium features tailored to elevate daily living to new heights of luxury and comfort.
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| Aug 16, 2023 | No longer available | - | |
| No longer available | |||
| Aug 14, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017