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1146 DUSTAN PLACE
About This Property
Major mechanical updates provide added value and peace of mind, including a new A/C (2025), water softener (2024), water heater (2023), and a roof installed in 2014. Beyond the home, Heritage Springs offers an exceptional resort lifestyle in a 24-hour gated community. Residents enjoy an award-winning 18-hole championship golf course, a spectacular clubhouse featuring a restaurant with a top-notch chef, a state-of-the-art fitness center, recreation programs, and a beautiful resort-style swimming pool. There's also an extensive selection of clubs and social groups to suit every interest, along with a full calendar of events and activities that make it easy to stay active, meet neighbors, and enjoy everything this vibrant community has to offer. This move-in-ready home offers the perfect combination of luxury, comfort, and an unmatched active adult lifestyle. Don't miss your opportunity to own a beautifully updated home in one of the area's premier 55+ golf and country club communities! Heritage Springs has everything you could need within a 5-10 minute drive, 3 Grocery Stores, a new state of the art hospital, shopping, several nature parks to enjoy, and beaches are approximately 20 minutes away....make your appointment today as this spectacular home is worry free and ready for you to call it your own!!!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017