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1759 Shower Tree Way
About This Property
Nestled on a generous 3/4-acre lot, this 4/2/2 home is situated on one of the more expansive lots in the Eastwood neighborhood! Bring your wish lists! This gem has split floorplan, vaulted ceilings, den, & spacious screened-in pool that overlooks a very private green backyard, A-rated schools of Wellington, walking distance to elementary school, no HOA.
Conveniently located just minutes away from the Wellington Equestrian facilities, show grounds, Wellington Green Mall, and major highways, this property offers both serenity and accessibility.
Numerous updates include cutting-edge metal tile roof in 2023, showcasing the latest in roofing technology, impact windows and sliders, freshly painted exterior & interior, new flooring and much more.
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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 Eastwood of Wellington
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$5,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017