1377 N LOOP Parkway
About This Property
The spacious living room showcases 20' ceilings with wood accent beams, second-story transom windows, built-in bookcases & a fireplace. Slider doors open out to a covered lanai complete with a summer kitchen & automated screens.
This stunning kitchen boasts crisp white cabinetry, an island breakfast bar, quartz countertops, a gas cooktop, wine fridge, a decorative wood hood & a walk-in pantry.
Luxury finishes run throughout, like continuous hardwood flooring, custom closets, designer lighting, plantation shutters, decorative paneling, cased windows & 8' doors. The walk-in laundry room boasts walls of floor-to-ceiling cabinetry, a soaking sink & hanging space.
An eye-catching stairway leads up to a second floor open loft w/ additional living space complete with a wall of built-ins & a walk-in closet. Upstairs finds three bedrooms, each with walk-in closets & two additional baths.
Outside boasts covered front & back porches, a heated saltwater pool & spa, and a fully fenced back yard surrounded by natural landscape for ample privacy. Complete with a well for irrigation and a mosquito misting system; outdoor living can be enjoyed year-round here.
The attractive coastal exterior features low-maintenance Hardie siding, Bahama shutters, stone accents & a 3-car garage.
Located in the sought-after community of Palencia, offering access to world-class amenities, an A-rated Elementary school & a championship Arthur Hills designed golf course. Residents enjoy a fitness center, three community pools, lighted clay tennis & pickleball courts, sports fields, fitness trails, and a boardwalk leading to the Intracoastal.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017