12953 Estates TERRACE N
About This Property
As you step inside, you'll immediately appreciate the well-designed split bedroom plan, ensuring privacy and tranquility for everyone. The master bedroom is thoughtfully located away from the other bedrooms, offering a peaceful retreat. The generously sized master walk-in closet provides plenty of storage space for your wardrobe. Between the master closet and master bath is an 8x15 bonus room which could be used as additional closet space, a dressing room, office and another quiet getaway. All guest bedrooms are nicely sized and perfect for the family. The open kitchen and family room combo are perfect for entertaining, creating an inviting space where loved ones can gather and make cherished memories. Additionally, the formal living room and formal dining room provide a touch of sophistication for special occasions. A few of the exterior standout features of this home is the enclosed pool with outdoor shower (great for washing your fur babies) and private pond with waterfall allowing you to relax and unwind. Imagine enjoying the soothing sounds of the ponds waterfall, creating a serene ambiance for your outdoor living space. This residence also includes a large three-car garage, providing ample space for vehicles, storage, and hobbies, has a workbench and pull-down ladder access to the attic space. To top it all off, there is a detached heated/cooled and insulated workshop with 30-amp service with many potential uses. Located in the quiet Linden Estates community, this home offers peace and tranquility, allowing you to escape the hustle and bustle of everyday life. Furthermore, you'll be pleased to know that this property is not in a flood zone, eliminating the need for flood insurance. The home has been maintained with pride, so you can expect a clean and well-maintained property throughout. Don't miss the opportunity to make this incredible residence your own.
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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