13646 Glosgow Lane
About This Property
The spacious living room is open to the kitchen, snack bar, casual dining area and screened patio. So, it's great for entertaining friends or relaxing with the family.
The kitchen has been tastefully updated with granite counters, snack bar & back splash. The adjacent casual dining area has windows overlooking the lake.
The formal dining room adjoins the kitchen and has custom window treatments and mirror which stay with the house.
PLUS, there is a BRAND NEW(October 2014) air conditioning system in the house!! The master bedroom also overlooks the tranquil lake, has plenty of room for large furniture, an attractive laminate floor and great walk-in closet. The master bathroom offers dual sinks, a spa tub, oversized shower with seamless glass doors, a private water closet & plenty of counter & cabinet space.
Both the guest bedroom and den have laminate flooring, nice sized windows & privacy. Directly across the hall is the guest bathroom with shower & tub.
The screened patio leads to a grassy yard and then, of course, the tranquil lake.
This house comes complete with tasteful custom window treatments throughout; a generator and a portable air conditioner!
And, if that's not enough, Polo Trace has a fantastic pool, spa & patio area; 3 tennis courts; a free-standing exercise facility and a tot lot. PLUS, a resort style clubhouse with restaurant which is shared with the golf course. You, your friends and family do not need to be members to enjoy the use of the golf course. So, you have all of the amenities but none of the equity membership and annual fees. This is the best of both worlds. All ages are welcome. Don't wait! Come and see this great home in this equally great community!
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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%.
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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 Polo Trace
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017