12252 Montalcino CIRCLE
About This Property
All five bedrooms are in a functional split house plan located on the main floor. The primary bedroom features beautiful Homestead White Oak Caribou planked floor with double doors leading to the outside covered patio. The primary bathroom features split vanities, spa tub, large walk in shower with dual heads. As you travel upstairs you have a beautiful flex space with panoramic views of 128 acre Lake Burden. Nestle up on the couch with a great book and coffee to watch the sunrise or settle into a game of Ping-Pong after hours - the options are endless!
The well-designed patio enhances the outdoor living experience and increases the amount of time you'll spend outside. The covered lanai features a full set of automatic screens that provide a shaded bug free option when enjoying the space. The inviting saltwater infinity swimming pool is worry-free, complete with an automatic cover. The state-of-the-art dock has a double jet ski port and a pontoon boat lift. Your dock is complete with full lighting, fans, and floodlights.
The side entry oversized three car garage is full of storage options or ample space for the car enthusiast. This home is truly full of elegance, charm, and tasteful enhancements.
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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