BEAUTIFUL SINGLE STORY JAVA MODEL! 4BR, 3 1/2 BATH, 3
CAR GARAGE POOL HOME ON BREATHTAKING LAKE LOT! SPACIOUS OPEN
FLOORPLAN HAS A GOURMET KITCHEN W UPGRADED QUARTZ COUNTERTOPS W 3 "
QUARTZ ON 2 CENTER ISLANDS W WATERFALL EDGES, LOTS OF CABINETS & A
LARGE EAT IN AREA. GREAT ROOM HAS A CUSTOM BUILT IN WALL UNIT
& BAR W/ WINE REFRIGERATOR & BEVERAGE CENTER. PRIMARY SUITE
HAS BEAUTIFUL VIEWS. BATH HAS AN ADDED BATHTUB. ALL
BATHS HAVE UPGRADED VANITIES, UPGRADED TILE THAT GOES ALL THE WAY
UP TO THE CEILINGS IN THE SHOWERS, & UPGRADED TOILETS. ENTIRE
HOME HAS 24/24 GREY PORCELAIN TILE. OTHER UPGRADES INCLUDE:
NEW ENTRANCE FEATURE WALL, CONTEMPORARY SOLID WOOD INTERIOR
DOORS, POCKET DOORS, BEAUTIFUL FIXTURES & FANS, MURPHY BED,
ELECTRIC BLINDS, PLANTATION SHUTTERS, **HIT MORE**
LARGE LAUNDRY ROOM W UPPER CABINETS, OVERHEAD STORAGE
IN GARAGE, IMPACT GLASS WINDOWS & DOORS, & GAS APPLIANCES.
EXTERIOR OF HOME IS THE PREMIUM PACKAGE. THE BACKYARD
WAS DONE WITHIN THE LAST 2 YEARS WHICH INCLUDES HEATED POOL W/ SPA,
SUMMER KITCHEN, PUTTING GREEN, ENTIRE BACKYARD OF TURF, &
BEAUTIFUL LANDSCAPING! LOTUS OFFERS CONTEMPORARY
LUXURY LIVING! HERE IS YOUR OPPORTUNITY TO HAVE COUNTRY CLUB LIVING
W/OUT THE COUNTRY CLUB FEES. EXPERIENCE THE TREMENDOUS LIFESTYLE
AND ENJOY ALL THE AMENITIES THAT LOTUS HAS TO OFFER! BEAUTIFUL
26,000 SQUARE FOOT CLUBHOUSE INCLUDING A DECORATED EVENT ROOM W/ A
BAR FOR RESIDENTS TO RELAX & ENJOY, STATE OF THE ART FITNESS
CENTER, EXERCISE STUDIO, INDOOR SPORTS COURT, LOCKER ROOMS W/
SHOWERS, CARD ROOM, GAME ROOM, & PLAY ROOM. SITE AMENITIES INCLUDE
AN OUTDOOR RESTAURANT W/ BAR, HEATED RESORT STYLE BEACH ENTRY POOL,
WHIRLPOOL, LAP POOL, POOLSIDE CABANA AND BATHS, WATERPARK, SHADED
PLAYGROUND, OUTDOOR BASKETBALL COURT, 8 LIGHTED CLAY TENNIS COURTS
, 1 HARD COURT, & 6 PICKLEBALL COURTS W/ AN ONSITE PRO! THERE IS
ALSO A SOCIAL DIRECTOR MANAGING SOCIAL CLUBS & ORGANIZATIONS. LOTUS
IS ZONED FOR A RATED SCHOOLS! MINUTES FROM DELRAY MARKETPLACE,
DOWNTOWN DELRAY, BEACHES, & RESTAURANTS! **TO GET A MORE
IN-DEPTH DESCRIPTION & VIDEO OF THE HOME, CLICK ON VIRTUAL TOUR &
IT WILL LEAD YOU TO THE MATTERPORT 3-D TOUR. YOU WILL BE ABLE
TO SEE EVERYTHING AS IF YOU ARE THERE IN PERSON**
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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