Welcome to this exceptional 5-bedroom, 2.5-bathroom residence in
Wellington's sought-after Olympia 1 community. This two-story
single-family home offers 2,956 square feet of finished living
space, providing ample room for comfortable living. With a two-car
garage and waterfront views for days, this property has 5 bedrooms,
lake front, fenced yard, and in such a fun community with plenty of
activities. Situated in Easton Village in the prestigious
resort community Olympia, this home represents a wonderful
opportunity to own waterfront property in Wellington in A rated top
schools. You will love the entirely open plan of the home creating
a warm and welcoming environment for perfect indoor and outdoor
entertaining. Upstairs are 5 huge bedrooms. The owner's suite
has enough room for a sitting area or office, two walk in closets
and trey ceilings for a quiet retreat. The serene long lake
views are everything and really make this gem stand out in one of
our most premier villages. This home is ready for an update to make
it your own and enjoy the lake views!!! All this in a
resort style community that is family and pet friendly and has
absolutely pristine common grounds. Guests will certainly enjoy the
fabulous Olympia pool and spa! Olympia is Wellington's premier
resort style community with unparalleled amenities and LOW HOA. The
zero entry pool is truly the best community or resort pool I have
ever seen and includes cabanas and a splash pad for the kids,
indoor and outdoor basketball courts, pickleball courts, volleyball
court, tennis courts, impressive clubhouse, unparalleled updated
fitness center, and an entirely renovated huge and fun playground
with astroturf. Such a wonderful community feel here. Olympia hosts
an incredible amount of events, socials, dances, casino nights,
luaus, bounce houses, waterslides, holiday parties, movie nights,
annual family fun runs, 5K, 10k, half marathon, and food trucks. I
could go on, but living here is like living in a country club but
without the country club dues! The community feel of our little
paradise is evident, we are exactly that, a warm and welcoming
community that boasts an active lifestyle of fun. Living in
Wellington, and particularly in Olympia, is exactly what you dream
it will be, and this home is as gorgeous in person as it is in
these photos. Welcome to Olympia!
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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