8831 SE Eldorado Way
About This Property
Accordion Shutters, 10' Ceilings, Crown, Fireplace, White Kitchen with Corian, Wide Plank Light Wood Laminate Flooring, Closet Built-ins, Window Treatments and Central Vac, too, on large preserve lot w/room for a Pool.
Community Pool & Clubhouse a quick walk from this home.
The Retreat is located high on the Atlantic Ridge Preserve. Tree-lined streets wind through the park-like setting. Lighted sidewalks, paver driveways and manicured landscapes lead to the very active clubhouse with game room, pool, fitness center, tennis and bocce. Exterior painting, pressure wash roof, landscaping, plus internet and TV are included in low HOA fee. The Carlyle model offers formal and informal living and dining, triple split plan with master bedroom his/her baths, two guest rooms with full bath, plus additional guest wing with full bath. Full size laundry, and large two car garage offers pedestrian door and attic storage.
Outdoors the Carlyle's signature front porch is tiled and lighted with mature landscape to accent the newly painted exterior. Out back, the screened lanai offers ample living space for your outdoor living furniture and wired for TV. Seller recently installed accordion shutters for
added convenience and storm protection. Insurance very low.
The Retreat is Divosta's newest neighborhood in Martin County. Lost Lake Country Club offers social and golf memberships, as well as pay and play golf opportunities. Beaches, dining and shopping at nearby Hobe Sound, Downtown Stuart and the Palm Beaches. Beaches are pristine and boat ramps and public storage options nearby, too.
Don't miss this opportunity to buy your perfect home and location in beautiful Martin County, Florida.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017