1830 Quail Drive
About This Property
Wake each morning in the primary bedroom to soft sunlight dancing across the lake-a view that never gets old and always feels like a retreat. Toward the back of the home, an additional room overlooks the water, offering the perfect space for a sunroom, reading nook, or home office where inspiration comes naturally.
Step outside onto the back deck, where coffee tastes better and evenings stretch a little longer as you take in the calming rhythm of the lake. Mature trees surround the property, providing shade on warm summer days-just right for hanging a hammock and letting time drift by.
The home also features an attached one-car garage for everyday convenience, along with a detached two-car garage that includes a versatile storage room. Whether you envision it as a guest space, hobby room, or future addition, the possibilities are there to make it your own.
Peaceful, welcoming, and full of potential, this lakefront retreat is ready to become your everyday escape.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017