**STUNNING GOLF COURSE ESTATE in the Highly Sought-After OAKS
COUNTRY CLUB Community** situated on an Over Half Acre Lot
overlooking the 12th Fairway of the interior, HERON GOLF COURSE.
With its delightful curb appeal and manicured landscape, this
splendid residence offers 3 BEDROOMS + Spacious Executive
Office/Study, 3 FULL and 1 HALF BATHS, High Ceilings, Crown
Moldings, Gas Fireplace, spacious Kitchen with Granite Counters and
Stainless Steel appliances, 2-Car Garage w/ Circular Driveway, and
much more! An Expansive Primary Bedroom Suite features multiple
walk-in closets and an Updated Primary Bathroom with dual vanities,
soaking tub, custom-tiled shower and private outdoor shower.
Ultimate enjoyment of the outdoors is made possible with an
expansive screened lanai featuring a Large 45ft Pebble-Tec Pool &
Spa, Outdoor Kitchen space (without appliances) and an abundant
covered seating area. Recent UPDATES include Freshly Painted
Interior (2024), NEW POOL CAGE (2023), NEW ROOF (2018), HVAC
(2018), Pool Pump, etc. THE OAKS is a distinguished, 24hr
Guarded, Country Club Community which boasts many accolades
including: Platinum Club of America, Emerald Club of the World,
Elite Distinguished Club of the World and One of America's
Healthiest Clubs - where amenities include Three Restaurants,
Ballroom, Two 18-hole championship GOLF courses, award-winning
RACQUETS program with 12 Har-Tru Hydro-Grid TENNIS courts, 4
PICKLEBALL Courts, wonderful CROQUET facility, state-of-the-art
FITNESS center and junior Olympic, heated community SWIMMING POOL,
Bocce, Basketball Court, Playground and more! The Oaks is just
minutes from nationally ranked Pine View School, the Legacy Bike
Trail, area Beaches and all that Gulf Coast living has to offer.
Membership is required and there is NO WAITLIST for GOLF or SOCIAL
Membership. **ENJOY THE 3D VIRTUAL TOUR and AERIAL VIDEO**
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.
Interior Features: Built-in Features, Ceiling Fan(s), Central Vacuum, Crown Molding, High Ceilings, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom
Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Water Purifier, Kitchen Reverse Osmosis System
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