122 SENORA Court
About This Property
Surrounded by towering oaks and tropical palms, the nearly half-acre lot offers exceptional privacy on a quiet street of just sixteen homes.
Built by Cottage Home Company as a model home, this thoughtfully designed floor plan offers an open-concept layout with four bedrooms, a study, a bonus room, and over 3,800 square feet of living space.
Designed for year-round indoor/outdoor living, a pocketing sliding glass wall opens to a covered lanai. The backyard is a private oasis featuring a heated saltwater pool and spa with water and fire features.
A detached cabana includes a full outdoor summer kitchen with a wraparound bar, a fireplace, ambient lighting, surround sound and an automated sunshade. Fully fenced and lushly landscaped, the backyard is a true sanctuary complete with a barrel sauna & landscape lighting Inside, a stunning barrel foyer with intricate floor-to-ceiling paneling leads into the family room anchored by a gas fireplace & built-in bookcases.
The chef's kitchen features stacked cabinetry with slow-close drawer banks, roll-out shelving, marble countertops and a 9-foot island breakfast bar. Top-of-the-line Thermador appliances - including a six-burner gas cooktop and built-in refrigerator - make this space as functional as it is beautiful.
Elevated finishes are found throughout, including cased windows, 8-foot doors, crown molding, wainscoting, tongue-and-groove ceilings, automated window shades, plantation shutters and custom closets.
A hidden stairwell leads to a double bonus room with a full bath, walk-in closet, and covered balcony overlooking the private backyard.
A hallway with a built-in drop zone leads to a split 3-car garage complete with an EV charging plug, epoxy flooring, and overhead storage.
Exterior upgrades include a well for irrigation, a mosquito misting system, a whole-house generator, phantom screens, automated screens, security cameras, a paver driveway, and travertine pool decking - to name a few.
The exterior of the home is freshly painted, and a new roof is scheduled to be installed before closing.
Located inside the gates of Palencia, residents enjoy access to world-class amenities: an A-rated elementary school, a championship Arthur Hills-designed golf course, a fitness center, three community pools, lighted clay tennis courts, pickleball, sports fields, fitness trails, pocket parks, and a boardwalk leading to the Intracoastal. This is the home you've been waiting for.
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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%.
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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