12903 BLACK OAK DR
About This Property
Nestled in the serene Montpelier Forest community, this beautiful Colonial home offers a perfect blend of elegance and comfort. As you enter, you are greeted by a foyer flanked by formal living and dining rooms adorned with hardwood floors and classic moldings. The eat-in kitchen is a chef's delight, featuring granite countertops, stainless steel appliances, and a charming breakfast room with a bay window that floods the space with natural light. Adjacent to the kitchen, the family room boasts custom built-ins, fireplace, wet bar, and access to the deck and backyard, making it an ideal spot for relaxation and entertaining.
The main level is completed with a convenient powder room and access to the attached two-car garage.
Upstairs, the primary bedroom serves as a luxurious retreat with a walk-in closet and an en-suite full bath. Three additional bedrooms and a full bath provide ample space for family and guests. The lower level offers a spacious recreation room, a full bath, laundry area, and plenty of storage, adding to the home's versatility. The exterior of the home is equally impressive, with a deck perfect for outdoor gatherings, secure storage, and beautifully landscaped grounds that enhance the property's curb appeal.
Some photos have been virtually staged
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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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About South Laurel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017