11520 MACFADEN DR
About This Property
Step inside this beautiful log home, where warmth and elegance combine to create an inviting atmosphere. The main level features an open-concept design, allowing a flow seamlessly throughout the living spaces. The spacious living room boasts a cozy stone fireplace, perfect for chilly evenings, while the adjoining dining/ kitchen area is ideal for entertaining family and friends.
The kitchen is a chef's delight, equipped with ample Corian counter top space, and gorgeous, solid wood, dove tailed, KraftMaid cabinetry, providing both functionality and style. Prepare culinary masterpieces while enjoying scenic views of the lake from the large windows.
This beautiful log home currently offers three comfortable bedrooms, providing plenty of space for relaxation and privacy. The primary suite is a true haven, featuring a private en-suite bathroom and serene views of the surrounding natural beauty. Two additional bedrooms and a study provide flexibility for guests or can be utilized as home offices or hobby rooms.
The lower level of this remarkable home offers a full walkout unfinished basement with plumbing roughed in, presenting endless possibilities for customization. Create the ultimate recreation room, a home gym, or additional living space to suit your needs.
As an added bonus, this property includes a detached two-car garage with an unfinished apartment above. This flexible space can be transformed into a guest suite, an art studio, or a home office, offering endless opportunities to personalize and expand your living area.
Outside, embrace the tranquility of your 311 feet of private waterfront, perfect for boating, fishing, or simply relaxing by the water's edge. Indulge in the community amenities, including a pool, clubhouse, tennis court, beaches, and playgrounds, providing endless opportunities for outdoor recreation and social gatherings.
Nestled in the Wilderness Battlefield area, you'll find yourself immersed in rich historical significance. Explore nearby landmarks and trails, connecting you to the past while enjoying the natural beauty of the surroundings.
Don't miss out on this incredible opportunity to own a Southland Log Home at Lake Wilderness 2. Embrace the harmonious blend of rustic elegance, modern comfort, and historical charm. Schedule your showing today and begin creating lifelong memories in this once in a lifetime, idyllic waterfront retreat.
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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