8847 Largo Mar Drive
About This Property
This 3-bedroom, 2-bathroom home is loaded with upgrades that offer both peace of mind and elevated style. Enjoy the comfort of IMPACT-RESISTANT WINDOWS AND DOORS, a NEW tile roof, and the security of a NATURAL GAS BACKUP GENERATOR.
The open great room layout features soaring 14' ceilings, elegant 5.5" baseboards, and a bright, airy feel throughout. Flooring includes a blend of tile and engineered wood-no carpet anywhere. The spacious great room boasts double tray ceilings with crown molding, and the formal dining space flows seamlessly into a well-appointed kitchen featuring solid wood cabinetry, granite countertops, stainless steel appliances, and a gas cooktop.
The primary suite offers lake views and a luxurious retreat with engineered wood floors, tray ceiling, and a wide picture window. The ensuite bath includes dual vanities, a walk-in shower, and ample closet space.
Outside, your screened lanai and private pool create a relaxing escape with lush landscaping and serene lake views. The garage includes epoxy-coated floors, and the laundry room has been enhanced with additional cabinetry for maximum functionality.
Located in Belle Lago, a gated community with resort-style amenities, including a clubhouse, fitness center, tennis, pickleball, and more. Residents enjoy private golf cart access to Estero Country Club, with optional memberships and reciprocal rights to The Club at Barefoot Beach. Minutes from Coconut Point Mall, Miromar Outlets, and RSW Airport-this home combines luxury, location, and low-maintenance peace of mind.
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017