10614 Stonebridge Boulevard
About This Property
* Roof - 1993 In good condition NO LEAKS per seller
* Two Zone AC: Air Handlers 2010. Condensing Units 2020
* Water Heater 2006
* Sprinklers on a well - NO WATER BILL FOR IRRIGATION
* 3rd Garage Space for Golf Cart. Entrance on side of home.
* 4th bedroom has built-ins and is used as office. No closet
* Exterior painted in 2020
* All furnishings/furniture as seen on premises is included at no extra cost.
* Domestic pets OK
* Must own for a year before renting
* Split bedrooms - 2/2/ split
* Spacious Master Suite w/large, elegant bathroom. Soaking tub + shower. Double vanities.
* Social Memberships are not currently available Golf membership is mandatory. $75,000 Membership Fee.
Stonebridge Amenities:
*6 lighted HarTru Tennis courts
*2 courts that serve as pickleball, badminton & basketball courts
*Resort style pool
*Card & game rooms
*Fitness center with professional trainers
*Spa services - massages, manicures, pedicures, facials ++
*Clubhouse - 450 person dining / event room, award winning chefs, a lakeside lounge & a Tiki Bar & Grill
Stonebridge's Property Owners Association is inclusive of all homeowners at Stonebridge and covers the following benefits:
*Maintenance of common areas
*Cable TV service, including premium cable channels. HOT WIRE.
*Free Internet access
*Free wireless Internet access at the Clubhouse, Fitness Center and pool complex
24/7 security
*Maintenance of roads and community infrastructure
*Maintenance of lakes and waterways
*Security alarm monitoring
*Street and post lights and mailboxes
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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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About Stonebridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017