16031 Mulberrypark CIRCLE
About This Property
Enter the home through the leaded glass door onto rich wood flooring that stretches through the foyer to the formal dining room, which is adorned with a designer chandelier, wainscoting and crown molding. French doors lead you into the carpeted den and a half bath is perfectly located near the entry for guests.
Fall in love with the gourmet kitchen complete with rich wood cabinetry, solid surface counters, stunning custom backsplash, and a full set of stainless steel appliances (refrigerator, dishwasher, microwave, gas range). A huge prep island with storage anchors the kitchen and overlooks a sizable breakfast nook. Around the next corner you will find the laundry room, which is gas and electric compatible.
The SOARING 2-story great room has large windows that flood this open concept setting with natural light. The custom built-in cabinets in the family room provide even more storage space and the in-ceiling speakers make entertaining more enjoyable.
The downstairs master bedroom provides much natural light and features a tray ceiling, crown molding and an en-suite bath with staggered dual basin vanities, a jetted garden tub, and a beautifully tiled separate walk-in shower.
Follow the wrought iron, spindled staircase upstairs to more French doors, which sound-insulate the 14' X 16' bonus room from the family room downstairs. Off of the bonus room are 3 additional, good-sized bedrooms and 2 full baths, including a Jack & Jill.
Enjoy Florida's year-round weather on the paved covered back porch and paved open courtyard! Stunning extra features include beautifully cased windows that are reminiscent of craftsmanship from the past, enhanced custom trim work, upgraded door hardware, large ceiling fans, brand new carpet, new on-trend interior paint, and freshly laid sod.
Don't miss out on this beautiful home, tour it today!
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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