16314 RIVERS REACH BOULEVARD
About This Property
Step inside to an open floor plan designed for both relaxation and entertaining. The spacious kitchen is a chef's dream, complete with custom cabinets, stainless steel appliances, granite countertops, a glass tile backsplash, and a large center island. The great room, adorned with tray ceilings, flows effortlessly to a stunning outdoor oasis.
Your backyard retreat features a large screened in heated saltwater pool with a sundeck and tranquil water feature. Enjoy the pavered pool deck large enough for memorable outdoor gatherings with family and friends all year long. A tiki bar, and a custom outdoor kitchen equipped with a Kamado Grill/Smoker and refrigerator which is also perfect for entertaining. There is plenty of additional space for activities for you and your dogs to enjoy, surrounded by lush, mature fruit trees, including mango, banana, and Barbados cherry. The fenced yard ensures comfort for you and your loved ones. Additional upgrades include epoxy-coated garage floors, a murphy bed in the office space, and charming cypress wood ceilings on the entryway and lanai.
This smart home, equipped with Google/Wyze technology, is pet-friendly and located within a vibrant community. Enjoy access to a community pool, fitness center, kayak launch, playground, and more. Easy access to local roadways and recreational attractions makes this zen-like home your perfect coastal retreat.
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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