17701 BRIGHT WHEAT DRIVE
About This Property
Smart upgrades include keypad entry, a security system with cameras, upgraded lighting and ceiling fans, smart pool equipment, and a WiFi-enabled garage door opener. The open-concept kitchen is a chef's delight with GE Cafe appliances, a spacious prep island, custom pendant lighting, a gas range, and upgraded cabinetry. Warm wood laminate flooring flows throughout the first-floor living areas, tying the formal and casual spaces together.
At the front of the home, formal living and dining areas set the stage for gatherings, while the expansive gathering room provides ample space for everyday living and entertaining, with sweeping views of the pool and backyard. A French-doored office allows for privacy when working from home, while the remodeled powder bath adds style and convenience for guests. A drop zone with wet sink just inside the garage entry keeps life organized.
Ascending the hardwood staircase with upgraded balusters, you'll find a versatile loft-ideal for a media or game room. The primary suite is a true retreat, offering a tray ceiling, private access to a covered balcony, and a beautifully updated bath featuring a hand-crafted vanity, free-standing soaking tub, and designer tiled shower. Three additional bedrooms, a convenient Jack-and-Jill bath, an upgraded hall bath, and a laundry room complete the second floor.
Designed with outdoor living in mind, the resort-style heated saltwater pool and spa create a show-stopping centerpiece with fountains, bubblers, and color-changing lights for ambiance. Relax on the expansive lanai or enjoy sunsets from the private balcony off the primary suite.
For added peace of mind, this home includes a Tri-Fuel Duromax 13500-watt generator installed with a generator interlock kit and electrical hook-up switch, which will convey with the sale.
Set on a desirable corner lot with pond views and a fully fenced backyard, the home also includes a 3-car garage and extended driveway for plenty of parking and storage. With so many thoughtful details and custom touches, this home is a perfect balance of elegance and everyday functionality. The Enclave at Channing Park has multiple amenities to include 2 pools, fitness center, clubhouse, sport courts, playground, dog park and skate park. This property also has NO CDD! Be the first to tour it!
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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 Fish Hawk
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017