Experience elevated new construction by Russ Davis Lifestyle Homes
located in The Cliffs at Lake Belton, where thoughtful design,
sophisticated finishes, and exceptional indoor-outdoor living come
together on a spacious 0.60-acre corner homesite. Offering 2,977
square feet, 4 bedrooms, 3.5 baths, a flex/game room, and 3-car
garage in Belton ISD. Craftsmanship and architectural details
create a custom feel, including an 18' ceiling in the dining/study,
12' kitchen ceilings, custom-painted cabinetry, built-in shelving,
upgraded tile and countertops, and a beautifully detailed fireplace
surround. The kitchen features a gas range and upgraded Frigidaire
appliance package, complemented by a separate beverage refrigerator
and a dry bar with glass-front cabinetry near the guest bedroom and
game room. The walk-in pantry features upper and lower shelving,
and the utility area offers additional cabinetry and a full-size
mud bench. The primary suite continues the attention to detail with
upgraded finishes, a soaking tub, expansive shower and LED mirrors
in the bathroom. An impressive 16' sliding glass door system with
transom windows connects the living area to the covered rear porch
and outdoor kitchen -creating an exceptional space for entertaining
and everyday living. Exterior highlights include four-sided
upgraded brick, metal roof accents, Class 3 impact-resistant
architectural shingles, black iron perimeter fencing and enhanced
landscaping. Energy-efficient features include open-cell foam
insulation and high-efficiency HVAC. A distinctive new home
offering generous space, premium finishes, and indoor-outdoor
living near Lake Belton in Morgan's Point Resort.
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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