16882 River Birch Circle
About This Property
As you enter the property, you will be greeted by a brand new metal roof and custom landscape package that adds to the property's elegant curb appeal. A circular driveway and walkway lead you to the custom front doors, offering a grand entrance to the home.
Inside, you will find an impeccably renovated interior with contemporary features throughout. The main living areas and master bedroom/bath feature stunning 48x48 porcelain tile flooring, while secondary bedrooms boast engineered wood flooring. All bathrooms have custom porcelain tile packages, and the master bath offers a luxurious Toto toilet, white shaker vanity cabinets, and custom-framed mirrors. A free-standing tub, body sprays, and a Delta shower head make for a spa-like experience, all with quartz countertops and a frameless shower enclosure.
The kitchen is a chef's dream with custom-made Italian cabinets, a large island, and quartz countertops. The Thermador stainless steel appliance package includes a wine refrigerator, and the sink faucet from Signature Hardware adds to the contemporary feel.
The covered patio with summer kitchen overlooks the pool, perfect for entertaining guests or enjoying a quiet evening. Impact windows and sliding glass doors provide not only energy efficiency but also peace of mind. Electrical fixtures throughout the home are contemporary, including hi-hat lighting and bath light fixtures.
With a new garage door and remotes, gutters and downspouts, and new paver decking around the completely renovated pool and spa, this property has it all. Don't miss your chance to own this exquisite lake view property at Delaire Country Club. Delaire is a private boutique country club where 324 custom homes surround a 27-hole, championship, no tee time golf course. The recently built clubhouse houses a state-of-the-art 16,000 sq ft fitness center, outstanding culinary cuisine, a resort-style pool area, 8 Har Tru tennis courts, and more! Generous extended family policy as well!
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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%.
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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 Del-aire Golf Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017