1689 VALLEY DRIVE
About This Property
Inside, you'll find a bright, open floor plan with high ceilings, pocket doors, neutral colors, and loads of natural light. The kitchen features white shaker cabinets, quartz countertops, stainless appliances, a large island, and gorgeous pendant lighting-perfect for casual meals or entertaining guests. The A/C was replaced in 2023.
The custom-designed office space is a standout with tons of natural light, and a quiet setting that makes working from home a pleasure.
Open the pocket sliders and step outside to your own private retreat featuring a paver patio, saltwater screened-in pool with solar panels and newer heat pump, a covered lanai space, and amazing lake views-great for relaxing, dining al fresco, or enjoying the Florida sunshine. Privacy hedges and landscape lighting add to the home's outdoor ambiance. The attached two-car garage has been upgraded with epoxy flooring and a built-in storage system.
Everything in this home has been tastefully updated, so it's completely move-in ready. Community heated pool and spa, fitness room, clubhouse and tennis courts. Optional golf memberships available! And with easy access to beaches, golf, restaurants, and shopping, the location couldn't be better.
If you're looking for a meticulously maintained lakefront pool home in a secure, friendly neighborhood-this is it!
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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 Waterford
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017