15679 Orchard Drive
About This Property
The formal dining room and eat-in kitchen are perfect for hosting gatherings or enjoying family meals. Guest bedrooms are generously sized, and the entire home is enhanced by high hat lighting and dimmers, creating a warm and inviting atmosphere. The huge master suite features a coffered ceiling, upgraded cabinets and tile in the bath, a frameless shower enclosure, a framed mirror, quartz counters, upgraded light fixtures, square modern double sinks, pebbled flooring in the shower, and upgraded faucets throughout the house. Additionally, the master suite includes his and hers walk-in closets.
The laundry room is spacious, offering extra closet storage. Outside, you can relax on the covered patio and enjoy the lakeview, fenced yard, and tropical landscape. Other notable interior features include built-in speakers, impact windows and doors, an electric shade in the great room, whole-house gutters, and a walk-up ladder in the garage.
Westlake amenities enhance this home's appeal, offering residents access to a variety of recreational facilities, parks, and community events. Dive into the resort-style pools, complete with a thrilling water slide and a fun-filled splash pad, perfect for cooling off on hot days. Relax in the shade pavilion or get active on our basketball courts and playgrounds. For our furry friends, the dog park offers a great space to run and play. Fitness enthusiasts can take advantage of our brand new Fitness Trail. This one-mile trail features nine fitness stations along the way, providing a comprehensive workout in a beautiful setting. For those who crave a bit more excitement, our BMX park provides the perfect spot for some high-energy fun.
Additionally, the community benefits from a low HOA fee and is served by A-rated schools, making it an ideal place for families to call home.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2024 | Sold | ||
| Sold | |||
| Jul 13, 2024 | Listed by Exit Realty Premier Elite | $640,000 | |
| Listed by Exit Realty Premier Elite | |||
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About The Acreage
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017