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111 Ridgemoor Trace
About This Property
Step inside to discover a warm and inviting floor plan featuring a spacious formal dining room, soaring vaulted ceilings in the family room, and a stunning double-sided fireplace that serves as an elegant focal point between the living spaces. The open-concept kitchen is designed for both everyday living and entertaining, offering abundant cabinetry, a large center island, and plenty of workspace.
The main-level primary suite is a true retreat, featuring a spacious bedroom and a luxurious en-suite bath complete with a large Jacuzzi soaking tub, separate shower, dual vanities, and two walk-in closets, providing exceptional storage and convenience. Also on the main level is an additional bedroom with its own private en-suite bath, making it ideal for guests, multigenerational living, or a private home office. A convenient laundry room, powder room, and two-car garage complete the main level.
The finished terrace level offers three additional bedrooms, two full bathrooms, a spacious living area, a bar/media space perfect for movie nights, game days, or entertaining and a wine cellar! Unlike many terrace levels, this one features significantly higher ceilings, creating a bright, open feel that doesn't feel like a traditional basement. Step outside to the patio and enjoy the level backyard with plenty of room to add a future pool.
Additional highlights include a full-home security system, an 8-zone irrigation systemto keep the landscaping lush, and permanent year-round holiday and party lighting, allowing you to celebrate every season with the touch of a button.
Combining outstanding indoor and outdoor living spaces, incredible golf course views, beautiful curb appeal, and a location within one of Cherokee County's premier golf course communities, this home is truly a rare opportunity. Conveniently located near shopping, dining, top-rated schools, and I-575, you'll enjoy the perfect balance of luxury, comfort, and convenience. Don't miss your chance to call this Woodmont beauty home!
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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