1117 Cheyenne Drive
About This Property
As you step through the front door, you're immediately greeted by a breathtaking view of the pool and expansive backyard, thanks to the newly installed 2023 triple patio dual sliding doors. It's the perfect spot to relax and beat the summer heat!
This beautifully renovated home features a modern kitchen with soft-close drawers and doors, pull-out bottom drawers for pots and pans, granite countertops, and recessed lighting. The master bath has been upgraded with double sinks and a spacious shower, while the second bath boasts a soaker tub and stunning tile work.
The home offers a split ranch layout with an open floor plan, including a master suite with a walk-in closet. You'll also enjoy the convenience of a central vacuum system and no cast iron pipes-the sewer and water lines have been completely updated both inside and out. This home is located just minutes from the beach and shopping, offering easy access to all amenities Additional Updates Include:
" Roof (2019)
" New AC (2024)
" Full Home Gas Generator (2020)
" New Electrical Service
" Hot Tub Electrical Power Outlet
" Newer KitchenAid Gas Stove (2023)
" Pot Filler
" RO Water System for Kitchen Sink and Refrigerator
" Newer Washer and Gas Dryer (2022)
" Newer KitchenAid Dishwasher (2023)
" Newer Microwave (2024)
" Newer Gasless Water Heater
" Hurricane Windows (2022)
" Artesian Well for Lawn Irrigation
" Newer 10' x 40' Patio Overhang
" Oversized Yard with Large Pool
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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%.
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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 Indian Harbour Beach
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$2,700 /mo
- 3 Beds
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- 1,326 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017