This extraordinary custom home sits on nearly 2 private acres in
sought-after Grogan's Point. One of T.D. Cox's best, it
offers elegant entertaining & everyday living w/ features like
soaring ceilings, wide-open spaces, exquisite millwork, chef's
kitchen w/ stainless Thermador appliances, butler's pantry, wine
room, wet bar, & expansive island. The wine room is perfect for
intimate gatherings while the 1300 sq ft game room/sports bar/media
can accommodate small groups or larger crowds! The luxurious
primary suite is a private retreat w/a spa-inspired bath & generous
custom wardrobe space. 2nd suite down! 3 ensuites up, plus game
room, flex room & storage. Step outside to your own resort-style
oasis w/sparkling pool/spa, extensive covered lanai w/kitchen and
beautifully landscaped grounds. No rear neighbor! 5 car garage,
circle drive, fully gated. Minutes from shopping, dining, golf, top
schools, ExxonMobil, Hwy 99 and Hardy Tollway!
Better Homes and Gardens Real Estate Gary Greene -
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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.
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