1579 Cumin DRIVE
About This Property
This beautiful 2-bedroom, 2-bathroom villa in the beautiful gated community of Tuscany Preserve, offers something for everyone. Whether you're looking for the perfect place to call home or a great investment property with immediate rental income, this is the opportunity you've been waiting for!
Future Homeowners:
Step inside to experience modern luxury with a spacious, open layout and flawless ceramic tiling throughout. The kitchen, equipped with 42" cabinets, stunning granite countertops, and premium stainless steel appliances. Unwind in the spa-inspired bathrooms with beautifully tiled showers, providing a peaceful retreat at the end of the day.
Beyond the elegant interiors, Tuscany Preserve has exclusive community amenities like a private gym, resort-style pool, clubhouse, and tennis and basketball courts. With HOA benefits that include exterior maintenance, hundreds of TV channels, and high-speed internet, life here is both luxurious and convenient.
Investors:
With a tenant in place until January 2025, this villa provides an immediate income stream. The community's high demand and exceptional amenities make this a strong addition to any investment portfolio. Plus, all financing options are accepted, making this a flexible and valuable asset.
Whether you're planning to move in or build your investment portfolio, schedule your showing today and explore the possibilities!
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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 Lake Marion Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017