15609 ALTHEA LN
About This Property
This stunning, like-new 2022 Stanley Martin home offers over 5,600 sq. ft. of luxury on a premium 0.46 acre lot! Enjoy the rare main-level private apartment suite with its own kitchenette, bedroom, full bath and living area-ideal for guests or multi-gen living!
Entertain effortlessly in the open-concept design, highlighted by a gourmet kitchen with an oversized island, stainless steel appliances, and walk-in pantry. Upstairs, retreat to the owner's suite with a 20x10 dressing area and spa-like bath. The finished, walk-up basement features a rec room and den-perfect for a guest room, gym, or media space!
All of this is nestled in a fantastic new neighborhood, now accessible via a new road connecting to major commuter routes, including Routes 15 and 29, with quick access to Route 66. Wegmans, Haymarket, and Gainesville are just minutes away. And yes-top-rated schools are close by!
This exceptional property also includes a brand-new deck, a water softener system, and selected furniture can be purchased ready to welcome the new owner.
Don't miss this extraordinary opportunity to make it your own!
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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.
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About Gainesville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017