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10609 CHEVAL PLACE
About This Property
Inside, new LVP flooring gives the home a fresh, updated feel while expansive living and entertaining areas provide plenty of room to gather. The kitchen features granite countertops and abundant workspace, while French doors and a fireplace add character throughout the home. Five spacious bedrooms and four full baths provide comfortable accommodations for family, guests, a home office, or additional flex space.
The screened pool and expansive covered veranda create a private setting for relaxing and entertaining, complemented by a summer kitchen and bar, outdoor lighting, and mature landscaping. The oversized homesite provides a sense of space and privacy rarely found in newer communities.
Car enthusiasts, collectors, or anyone needing additional storage will appreciate the exceptional 4-car garage and large drive for parking.
Located in River Club, the home offers convenient access to everything Lakewood Ranch has to offer, including shopping, dining, recreation, medical facilities, schools, and nearby major roadways.
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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%.
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017