11304 Sooner DRIVE
About This Property
The home boasts recently remodeled bathrooms with modern showers, and the master bath includes a luxurious bathtub. Freshly painted in neutral tones, the interior offers separate living, dining, and family rooms, all centered around a cozy WOOD-BURNING FIREPLACE. The open-concept kitchen is equipped with GRANITE countertops, ample wood cabinets, and sleek STAINLESS STEEL APPLIANCES. A separate laundry area includes a washer, dryer, and additional cabinetry.
Step through the sliding doors to find a stunning POOL and an extensive SCREENED PATIO, perfect for relaxation and entertaining. The property also features a large driveway leading to a side-entry 2-car garage, which has been enhanced with new cabinets for extra storage and organization. Plus, enjoy the convenience of a carpet-free home!
Don't miss this incredible opportunity! Call today to schedule a showing. Preston Cove offers a PRIVATE BOAT DOCK, picnic area, and playground, making it the ideal place to call 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