126 Indigo River Point
About This Property
The beautifully appointed, white kitchen offers double ovens, a gas cook top, wine cooler, quartz countertops, a generous on-trend blue island, and an oversized pantry. The open floor plan incorporates ample dining space and a living area into the heart of the home. With custom lighting, Hunter Douglas shades (which can be controlled by your Alexa), breathtaking coffered ceilings and beautiful wood look tile throughout, you're sure to be pleased.
Enter the master bedroom suite and enjoy subtle natural light, two spacious walk-in closets and an en-suite master bath that offers his and hers sinks, a soaking tub, a separate beautifully tiled shower with dual shower heads and a private water closet.
While the split floor plan places the master suite on one side of the home, all other bedrooms are situated on the opposite side. Two bedrooms are "Jack & Jill" sharing a full bathroom between. The third bedroom is conveniently located adjacent to a full Cabana bath which can be accessed from the hall off the kitchen and also exits to the back yard. Generous storage awaits you in the 3-car garage with a full 4' extension from front to back. Behind the home and off the main living area, you'll find a covered, fully screened Lanai. Gas has been run to the lanai and the grill will convey. The backyard is ready for you to install a pool as it is fully fenced and a door to the cabana bath is already in place.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017