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11517 Victoria Drive
About This Property
Welcome to the home you've been searching for! Nestled in the desirable Laurelwood community at Indian Spring, this gorgeous open-concept residence is just one mile from houses of worship and offers a perfect blend of modern elegance and comfort.
Step inside to find extremely high ceilings and large transom windows that fill the space with natural light. The heart of the home is the stunning modern kitchen, featuring beautiful wood cabinetry, quartz countertops, stainless steel appliances, a range hood over a sleek glass cooktop, and a counter-height island with storage-perfect for cooking and entertaining. Designed as a 2-bedroom plus a large den (easily converted into a 3rd bedroom), this home also includes two full bathrooms, a half bath, and a bonus area for added flexibility. The expansive nearly 1,000 sq. ft. screened-in patio provides the ideal setting to unwind while enjoying serene golf course views. The exquisite master bathroom has been tastefully updated, and the home boasts smooth ceilingsno popcorn or knockdown texture.
Outside, you'll be surrounded by lush tropical landscaping in a peaceful setting. The community pool and clubroom are just a short walk away, offering plenty of opportunities to connect with neighbors and attend social events. With the potential to be converted into a 4-bedroom home, this property is perfect as a primary residence or a second getaway home.
Don't miss this incredible opportunityschedule your showing today!
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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 Indian Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017