The Key To Your Luxury Dream Home is here at this Brick front
Custom-Built Jurek Colonial located in the prestigious Spaulding
Lake Club.Over 4,900 sqft of finished living space including 600+
finished sq. ft. in the lower level.This meticulously maintained
home showcases timeless craftsmanship, luxury finishes, and an
incredible resort-style backyard.The stately brick front, towering
mature trees, professionally landscaped grounds, oversized windows,
grand covered porch with decorative balcony, and side-load 3-car
garage create unforgettable curb appeal. Inside, gleaming
refinished hardwood floors, 2 Story Foyer, 10-foot ceilings on the
1'st floor, custom ceiling details, extensive crown moldings, rich
millwork, and elegant paneled walls in the private den/office
highlight the home's superior quality.The Wood-Mode cherry kitchen,
installed in 2006, is designed for both everyday
living&entertaining, featuring premium custom cabinetry, Dbl
Ovens, Granite countertops, a Sub-Zero refrigerator, wet bar, new
travertine flooring, and an oversized center island w/generous
seating.1'st Floor Formal Dining Rm leads to Kitchen.Den/Office
with private covered patio leads to backyard. 2'nd Floor primary
suite offers a completely renovated spa-inspired bath w/ heated
herringbone tile floors, contemporary lighting, soaking tub,
oversized shower &custom walk-in closet. 2'nd Floor En Suite
features its own private bath & WI Closet. 2 additional spacious
bedrooms share an updated hallway full bath w/ dual
vanities.Finished lower level adds over 600+ Sqft of additional
living space plus a convenient half bath, making it ideal for a
recreation room, fitness area, media room, or guest retreat.The
backyard is truly a showstopper. Designed for entertaining and
everyday enjoyment, this incredible outdoor oasis features a heated
in-ground Gunite Salt Water pool with automatic power safety cover,
an impressive 12-person spa, expansive hardscape patio, and a
stunning stone gas fireplace creating the perfect gathering space.
A custom attached pool storage shed discreetly houses pool
equipment and supplies while maintaining the beauty of the outdoor
living area. SQFT FROM BUILD PLANS
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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