157 HICKORY RANCH Drive
About This Property
The exceptional finishes and design touches throughout this home will WOW you! Some of these key finishes include an 8 ft triple slider leading to the oasis backyard, an oversized walk-in closet with its own window, a water softener, a home water filtration system, a garage wash, wood-look tile flooring and oak stairs that lead to the extended bonus room on the second floor. The kitchen is accented by gold features and framed by a striking herringbone backsplash. Take in the stunning expanded stand-up shower, providing a spa-like experience within the comfort of your own home. The resort style amenities include a state of the art clubhouse, a community pool with spacious areas to lounge, a poolside deck, a community clubhouse kitchen, a 5 star fitness center, a playground for children with an open field for sports and a dog run for your pets to enjoy! Within walking distance to Hickory Creek Elementary and Switzerland Point Middle School and just a quick bike ride to Bartram Trail High School, this luxurious home is a rare gem that offers the perfect blend of comfort, style, and location.
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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