Experience elevated luxury living in this exceptional 5-bedroom,
5.1-bath waterfront estate, perfectly positioned to capture
breathtaking long lake views. Showcasing the highly coveted Vizcaya
model, this residence has been extensively upgraded with
sophisticated finishes and timeless designer details throughout.
The grand interior is defined by elegant porcelain flooring
spanning the main living areas, while rich engineered hardwood
flooring enhances the staircase, upper hallway, and expansive loft,
creating warmth and refinement at every turn. Designed to
impress, the gourmet chef's kitchen features beautifully crafted
shaker cabinetry with stacked upper cabinets, an upgraded
enhancement package with illuminated upper and lower cabinetry,
crown molding, pot and pan drawers, premium quartz countertops, and
a striking designer glass backsplash. Thoughtfully designed for
both luxurious everyday living and effortless entertaining, the
home also features a built-in whole-home sound system, seamlessly
integrating comfort and modern sophistication. Expansive living
spaces and serene water views create an atmosphere of privacy,
elegance, and tranquility. Residents enjoy access to an
extraordinary collection of resort-inspired amenities, including a
stunning clubhouse, state-of-the-art fitness center, indoor sports
court, resort-style swimming pool, tennis and pickleball courts,
and more-offering a lifestyle defined by luxury, recreation, and
convenience.
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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