109 ASHTON OAKS Drive
About This Property
The open-concept floor plan offers single-story living with 4 bedrooms, 3.5 baths, and over 3100 square feet of living space. Positioned 500 feet off of the road, you're surrounded by preserve & a pond for ample privacy.
Inside you'll find hardwood floors, crown molding, wainscoting & decorative wood paneling. The eat-in gourmet kitchen boasts a wood hood, gas cooktop & an island breakfast bar.
A vaulted ceiling runs throughout the kitchen into a sunlit family room, complete with custom built-ins & a stone fireplace.
French doors open off of the formal living space & the keeping room to a covered patio & a spacious paver deck surrounding a saltwater pool. There's plenty of room for parking & space for a workshop with two separate 2 car garages connected by a covered breezeway.
With roughly 6 usable acres, there's ample space for horses to roam & a pond for fishing.
Located in the sought-after gated community of Ashton Oaks, comprised of only 27 homesites, each on acreage with access to a community riding arena. You're close to the conveniences of town & only minutes from World Golf Village & I-95
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017