115 Little Indian Loop
About This Property
Thoughtfully crafted with high-end finishes and elevated design throughout, the home offers an expansive open-concept floor plan ideal for both everyday living and sophisticated entertaining. The chef's kitchen is a true centerpiece, featuring quartz countertops, a farmhouse sink, a 5-burner gas cooktop, double ovens, premium stainless steel appliances, and an oversized walk-in pantry.
The lakefront primary suite is a private retreat, showcasing breathtaking water views and a spa-inspired bath complete with dual vanities, quartz surfaces, a spacious walk-in shower, and a custom-designed closet with extensive built-ins. Upstairs, you'll find three additional bedrooms, two full baths, and a versatile bonus room, providing exceptional space and flexibility for family and guests.
What truly sets this home apart is the fully finished walkout lower level and the extraordinary outdoor living experience. The lower level features a spacious family room with direct access to the backyard, along with an additional guest bedroom and full bath.
Designed for resort-style living, the backyard is nothing short of spectacular. An expansive travertine patio surrounds a custom heated freshwater pool, oversized spa, and gas firepit - creating the perfect setting for both quiet mornings and unforgettable evenings. The outdoor kitchen offers seamless functionality for entertaining, whether hosting intimate dinners or large gatherings.
A gentle walk leads to your private boat dock, where stunning long-range water views and the natural beauty of the lake create an unparalleled waterfront experience.
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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 Iredell
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017