10721 Southern Forest DRIVE
About This Property
The heart of the home is its gourmet kitchen, designed for both culinary enthusiasts and entertainers alike. It boasts quartz countertops, a center island, custom cabinetry, and stainless steel appliances. The expansive counter space and stylish finishes make it the perfect place to prepare meals or gather with family and friends.
Upstairs, you'll find three generously sized bedrooms, each with ample closet space. The master suite features a private bath with double vanities, a glass-enclosed shower, and elegant tile details. The additional full bath upstairs serves the other two bedrooms, while a convenient half-bath is located on the first floor for guests.
The outdoor space is just as inviting. The backyard is an oasis of relaxation, complete with a charming gazebo-ideal for outdoor dining or lounging. A tranquil water fountain provides the soothing sound of trickling water, setting the scene for peaceful evenings. The backyard offers stunning water view, creating a serene backdrop to enjoy sunsets or morning coffee.
This home effortlessly blends luxury with comfort, making it the perfect place for both everyday living and entertaining.
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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 Riverview
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017