14044 Touchstone Pt
About This Property
Indulge in the beauty of a bright and white kitchen with granite countertops, complemented by an abundance of storage space and gleaming luxury vinyl tile floors. The updated kitchen boasts a high-end $4,000 Induction cooktop and stainless steel appliances, while recent upgrades, including a new humidifier, HVAC, storm door and whole-house water filter, ensure modern comfort. The thoughtful design extends to a primary bath featuring a skylight and surround system, custom built-ins in both the office and primary bedroom's closet and a convenient upstairs laundry room. Discover versatile living spaces, including a loft playroom/family room and a sophisticated main floor office adorned with custom built-ins.
Elegant shutters adorn every window, adding a touch of sophistication. The finished garage, complete with epoxy flooring and a park door, seamlessly connects to the backyard.
The basement, pre-wired and insulated, holds untapped potential for additional space, featuring a rough-in for a bath.
Exit outdoors to an entertainer's haven, with an extended patio and surround sound setting the stage for gatherings. As a part of this community, relish in amenities such as a pool, parks, trails, a clubhouse and a disc golf course, ensuring tranquility and community delights each day.
Immerse yourself in the vibrant community, where events such as Fall festival, horse-drawn hayrides during the holidays, Easter egg hunts, music festivals and food trucks at the pool during summer create a lively atmosphere. HOA-sponsored wellness activities, including yoga and boot camp in the nearby park, cater to an active lifestyle.
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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