16219 Bridgecrossing DRIVE
About This Property
As soon as you approach you will appreciate the 2 level balcony and charming picket fence. Enter the foyer through the custom front door and be amazed by beautiful features such as stunning wood flooring, volume ceilings, arched throughways, and ceiling fans. Enter the inviting den/home office/e-learning space through the double French doors with a transom window that flanks the entry.
The beautiful kitchen features ample cabinetry with crown molding, decorative tin backsplash, a walk-in pantry, and butcher block wood countertops. The family chef will love the preparation island which boasts a wine fridge! The breakfast bar overlooks the cozy breakfast nook, ideal for family meals. The kitchen is open to the warm family room making entertaining easy!
From the breakfast nook, venture outside to the stone patio area, a perfect spot for morning coffee or to relax at the end of the day. The patio area connects with the detached 2 car garage.
Walk up the carpeted staircase to the bedrooms and bonus area that has access to the second level balcony and would make a perfect second living area, e-learning space or playroom! The master retreat connects to the master bath which boasts a walk-in closet, dual basin vanity, garden tub, and separate walk-in shower and water closet.
The Garden District is at the heart of FishHawk Ranch with a unique urban living area featuring a traditional town center and surrounded by picturesque homes. Fishhawk Ranch is a resort-style community offering top-rated schools, community pools, and splash pads, walking/biking paths, fitness centers, parks, playgrounds, a Park Square town center and so much more!
** Sale subject to lease ending in late May 2021.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017