Emanating a timeless elegance, the residence at 1330 Monroe Dr.
offers a distinguished living experience surrounded by quality and
comfort. Upon entry through the double doors, you are greeted by an
inviting foyer which effortlessly opens onto an immaculately
presented dining room. The architectural prowess is further
demonstrated by the volume 12 ft ceilings that add to the spacious
quality of the living spaces. The thoughtful split-bedroom
plan ensures privacy and convenience, with each bedroom benefiting
from a private bath. Complementing the practicality of the design
are the sophisticated hardwood floors that continue throughout,
adding warmth and character to the home. A focal point of
this residence is the great room, featuring a fireplace as its
centerpiece. The specially crafted trey ceilings amplify the room's
compositions, enhancing its grandeur. The generous master suite
encapsulates luxury, offering ample room and distinct features.
The kitchen is a blend of functionality and style,
characterized by robust, solid surface counters. The tastefully
painted cabinetry adds a touch of contemporary chic to the space,
providing ample storage for culinary endeavors. Proceeding to
the outdoors, the lush, fenced backyard presents a harmonious blend
of nature and privacy. A pergola stands as a display of
craftsmanship, towering over a covered patio that provides a
perfect location for outdoor relaxation or social gatherings.
The property also features a full unfinished basement, ready
for your personal touches, and a professional-grade propane-fueled
generator, ensuring power reliability. The oversized two-car garage
provides abundant space and security for vehicle storage.
This residence at 1330 Monroe Dr., Monroe, GA is a superb
choice for those valuing quality, comfort, and a robust list of
amenities.
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.
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