12 Westminster DRIVE
About This Property
BEAUTIFUL HANDSFREE YARD AND LANDSCAPING ON LARGE CORNER LOT
DOG FRIENDLY
2 ACCESS GATES TO THE EXTRA LARGE FENCED-IN YARD– 5' & 12' DOUBLE GATE
5TH BEDROOM & SEPARATE OFFICE – MOTHER-IN-LAW SUITE
CLOSE TO SHOPPING RESTAURANTS& beach
Don't miss out on this impressive and spacious home with virtually hands-free, lush landscaping, ready for your housewarming party! Your own private oasis, close to the beach, shopping, and restaurants. Do you like to entertain, small and large family and friend events, then 12 Westminster is a must-see! Large corner lot, circular drive with ample parking. Extra-large pool w/crowd pleasing pool light package showcasing 17 Light Show Options, creating a magical and inviting ambiance. Have dogs? Let them run, hands-free, in your fully fenced, large, corner lot, with two optional doggy doors. Freshly painted and updated, move-in ready! The split plan has a large living room, family room, dining area, four large original bedrooms AND a fifth bedroom, and a separate office in the partially converted garage! No need for a 5th room or mother-in-law suite? Easily converted back! 8'x20' of garage/storage space accessed through office or garage door. Beautiful travertine tiles throughout, except for the master bedroom. Spa-like master bath, walk-in shower with double shower head and blue tooth speakers. Double vanities and ceiling fan. The kitchen has lots of cabinets, storage, granite counter space, and an island with seating. Stainless steel appliances, HE washer, and dryer on custom-built risers for ease of use and additional storage. Additional refrigerator in converted area. Large guest bath with pool access. 3 outdoor seating areas, one covered, screened in, cozy by the pool with ceiling fans, and the second is a perfect sun deck and ready for a game of cornhole or a night of s'mores around the fire. The third patio is surrounded by beautiful landscaping for a charming alfresco dinner. Baskets and hanging pots in bloom, set up on a hands-free, automatic watering system. Access the backyard through three sliding glass doors, or through the 5', or 12' double gate. Home wired with a 4-camera CCTV for security and peace of mind. The concrete tile roof was replaced 2 years ago. 12 Westminster is centrally located near Rte. 1 and Highway 95 as well as close to shopping restaurants and about 10 miles to the beach! Don't miss out on this captivating home, schedule a private tour today!
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017