1740 Villa Espana Trail
About This Property
Welcome to your own private sanctuary in the exclusive, gated community of Villa Espana-home to just 17 properties. Built in 1996, this one-of-a-kind residence sits on secluded acreage with a private pond and a running stream leading to the river, offering the tranquility of country living with the convenience of being right in the middle of town. Brand new roof, gutters & AC - this house has it all!
This beautifully designed 3-bedroom, 3-bath home features a split floor plan with wood, tile, and carpet flooring throughout. The sun-drenched open-concept kitchen boasts an island, a walk-in pantry, perfect for entertaining. The separate laundry room, abundant built-in storage, and golf cart garage add functionality and ease to everyday living with a security system.
Enjoy working from home in a dedicated office with glass doors and unwind by the cozy wood-burning fireplace in the spacious living area The primary suite is a true retreat with views of the expansive yard, direct access to the rear, and a spa-like bath featuring dual sinks and a generous layout.
All bedrooms offer direct access to the serene rear yard, creating a seamless indoor-outdoor lifestyle. Expansive windows throughout the home flood every room with natural light and bring the outdoors in.
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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