LARGE PRICE REDUCTION-MOTIVATED SELLER! Located in Glen Lakes, this
1996 Lindhorst built Custom Classique is situated on .34 acre
overlooking the 12th and 16th greens and the 17th fairway of the
Ron Garl designed golf course. NEW GAS HEATER FOR THE SPA 2025! NEW
ROOF IN 2017, NEW WATER HEATER IN 2022. 3 car side pocket garage
with epoxy floor/3 bedrooms/2 bath. Beautifully landscaped with
rocks in the garden beds and irrigation well for lawn and gardens.
Paver bricks on the large screened lanai (10 ft. by 30 ft.) and
patio (13 ft. by 44 ft.), large inground heated spa. Double door
entry leads to a traditional floor plan of living/dining/family
room. The living/dining room have 4 door pocket sliders to the spa
and panoramic views of the golf course, Plantation shutters. The
spacious kitchen has breakfast bar, stainless steel appliances,
granite counters, oversized walk-in pantry, breakfast nook with
outdoor views. The family room has a gas fireplace, a built-in desk
and shelving, 3 windows, 2 door slider to the patio for relaxing in
this light and airy space. The oversized primary suite (13 ft. by
20 ft. ) has sliders to the patio, 10 ft. ceilings, Plantation
shutters, two walk-in closets, bath with dual sinks and newer
cabinetry and granite counters, a walk-in shower that can
accommodate a handicap, a jetted tub, a large linen closet.
The two guest bedrooms and second bath can be closed off with a
pocket door for privacy and the bedrooms are nicely sized with one
having a walk-in closet. The laundry room has a sink,
cabinets and included washer/dryer. 10 foot ceilings in the living
areas and primary bedroom, crown molding. split bedroom plan. All
appliances included. 2463 living sq. ft., 3680 total sq. ft. HOA
FEES INCLUDE CABLE AND HIGH SPEED INTERNET, PRIVATE MAINTAINED
STREETS, 24 HOUR SECURITY WITH MANNED GATE. Glen Lakes is a
wonderful gated and manned golf course community and surrounded by
the 85,000 acre Chassahowitzka National Wildlife Refuge. Social
membership in the Club is NOT mandatory for this home, but
available if desired. Membership gives access to the
Clubhouse, restaurant, bar, Jr. Olympic size heated pool/spa,
fitness center, clay tennis courts, pickleball courts and a vast
array of social club. Golf memberships also available.
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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