9586 Lantern Bay Circle
About This Property
As you enter, you will be greeted by a gracious foyer flowing into the dining room and elegant living room with floor to ceiling windows and sliding doors opening to the lushly landscaped pool and patio area perfect for relaxing and entertaining. Enjoy the Florida lifestyle! Uniquely built by Engle Homes no detail has been overlooked in this exceptional layout, including a full cabana bath allowing easy access to the pool without having to go through the main living spaces. This home boasts 8' doors with extra trim paneling, 12' ceiling in living areas with custom architectural moldings throughout the home. Click More.. A spacious open kitchen features a charming breakfast nook, quartz counter tops, over and under cabinetry lighting, and a new dishwasher. The island kitchen and family room provide a seamless flow between the heart of the home and the outdoor oasis. Elegant primary bedroom suite with fantastic view and pool access leads to a luxurious bath, separate soaking tub and water closet.
In addition to the exceptional features of the home, this gated community offers a wide range of activities for residents to enjoy. Take a dip in the pool or unwind in the sauna. Separate locker rooms provide convenience and privacy. Stay in shape at the fitness center or catch a movie in the theatre. Sports enthusiasts will love the pickle ball, tennis and bocce ball courts. And for social gatherings, the community room is the ideal space to connect with neighbors and friends. With its luxurious features and a plethora of community amenities, this pool home in a gated community offers the perfect blend of comfort, convenience and recreation. Don't miss the opportunity to make this your dream home!
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What does this mean?
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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About Baywinds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017