Stunning French Estate featured in Southern Home Magazine! Nestled
behind the private gates of Royal Oaks Country Club, this unique
property has a view from every room including a private courtyard
with pool, fireplace and entertaining area, and a panoramic view of
Holes #11 and #17 on the golf course. Completely renovated in
2015, embracing timeless design with a light and airy palette, it
was transformed adding timeless elegance, full of lavish and
striking appointments. Gorgeous key features are 18th and 19th
mid-century wood and stone fireplace surrounds from France,
imported Italian doors and limestone flooring from Chateau
Domingue, white oak kitchen, custom wood flooring, and hand
picked chandeliers and sconces. Reclaimed antique beams, limestone
countertops, imported sinks and vanities, plastered walls by Leslie
Sinclair of Segreto Finishes, and Creston home automation are just
a few of the spectacular features. WOW factor throughout, an
absolutely a showstopper!
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.
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