11376 Sundance Lane
About This Property
Enjoy ideal living and entertaining in every inch of this home both inside and out. Your new home boasts an open, flowing floor plan, expansive kitchen with beautiful custom wood cabinets, granite countertops, stainless appliances, a KitchenAid fridge and a 4-seater cook-top island. Impress your guests in the formal dining area with bar and custom wood wine rack and mirror. Lounge in the open family room by the cozy wood fireplace with a backyard view, and delight in surround sound in select rooms.
In this house, you're covered. All walls and ceilings have been refinished. All bedrooms have walk-in closets. You've got a private laundry room with folding counter and storage. Your spacious master suite opens to the patio and has a 2-person Jacuzzi tub, a party shower and custom vessel sinks. There's central vacuum, accordion and panel hurricane shutters, a two car garage, no carpeting (only tile and wood), and the roof was replaced in 2007.
Your new backyard isn't just a yard. It's a retreat. Lounge under the covered patio with custom wood ceilings with 4 fans (and accordion shutters) overlooking the sparkling pool with waterfall and Jacuzzi. Grill out in your outdoor kitchen with built in propane grill and sink. Your massive, sprawling backyard is shaded by two gigantic flamboyant (Poinciana) trees, and as if this home weren't great enough already, it also boasts a 24x20 foot air-conditioned, corrugated steel and aluminum framed hangar workshop in the backyard complete with built in shelving. Go ahead and store and work on your classic car, motorcycle, recreational vehicle... the possibilities are endless!
Come home to Sundance Lane in Ponderosa. Youa€™re right near Bocaa€™s BEST schools, shopping, dining and entertainment. What more could you ask for?
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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 Ponderosa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017