One or more photo(s) has been virtually staged, AI generated or
rendered. Enjoy breathtaking lake views and spectacular
western exposure sunsets from this exceptional Belmar floor plan by
Toll Brothers. Offering five bedrooms plus a den, four full baths
and one half bath, this thoughtfully designed residence provides
generous space for everyday living and effortless entertaining. A
refined coastal aesthetic is showcased throughout with engineered
wood flooring, elegant tray ceilings, custom wall features,
upgraded lighting, modern ceiling fans and impact windows and doors
that fill the home with natural light while providing peace of
mind. The open-concept design creates an inviting flow between the
spacious kitchen, dining area and living spaces. The generous
kitchen offers an ideal setting for preparing meals and gathering
with family and friends, while the flexible den provides an
excellent home office or additional retreat. The well-planned
bedroom layout offers privacy and comfort for family and guests,
with abundant space to accommodate a variety of lifestyles. A
spacious three-car attached garage provides ample room for
vehicles, storage and recreational equipment. Go outside to a
beautifully designed outdoor living area created with entertaining
in mind. The sellers chose low-maintenance turf and an enclosed
screened cage, providing a versatile setting for outdoor dining,
lounging and enjoying the Southwest Florida lifestyle. With western
exposure, the outdoor space is perfectly positioned to capture
breathtaking sunsets over the lake. A private pool can be added,
offering the opportunity to create a personalized resort-style
oasis. Residents enjoy an impressive selection of resort-style
amenities, including a resort pool, fitness center, tennis courts
and pickleball. Ideally suited for seasonal and year-round living,
this home combines tranquil lake views, stunning sunsets,
exceptional craftsmanship, stylish coastal finishes, flexible
living spaces and a vibrant amenity-rich community.
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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