1509 Normandy WAY
About This Property
MOVE-IN READY, the home's kitchen is complete with white cabinetry, topped with sparkling GRANITE COUNTERTOPS. Kitchen features include a full-size pantry cabinet with pull-drawers, built in trash receptacles, large undermount sink with new faucet/soap dispenser, and updated LG STAINLESS STEEL APPLIANCE PACKAGE to delight the family gourmet. Updated mechanicals: PLUMBING (2023), HWH (2023), ROOF (2019), HVAC (2019).
BOTH BATHROOMS -- COMPLETELY RENOVATED! Everything new including: WALK-IN SHOWER, TUB & TILE, VANITIES, FAUCETS, TOILETS, LIGHTING & MORE. WHOLE HOUSE RE-PLUMB -- 2023. FRESH, NEW PAINT ON BOTH THE INTERIOR & EXTERIOR of the home. Gorgeous LUXURY VINYL PLANK FLOORING throughout the entire home. NEW & MODERN BASEBOARD & TRIM. Stylish black hardware on all doors.
Long Driveway (extra parking) leads to the covered carport, complete with enclosed laundry room, storage shelving and added storage cabinetry. Large backyard is entirely fenced and a metal storage shed awaits your toys and tools.
Close to the downtown area's charm, tranquil Venetian Gardens, Lake Harris boat ramp, and Publix shopping. BOAT RAMP ACCESS TO LAKE HARRIS JUST 3 MINUTES FROM YOUR DOOR!! NO HOA FEES in Love's Point. COME AND FALL IN LOVE with the Leesburg 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