Located in the guard-gated community of The Shores, this 4-bedroom,
2.5-bath home offers approximately 2,943 sq. ft. of living space,
an open split-bedroom floor plan, volume ceilings, an updated
kitchen, and a spacious primary suite with two walk-in closets.
Outside, enjoy a private pool and entertaining area. The Shores
offers an array of amenities including a clubhouse, fitness center,
community pool, tennis and basketball courts, and a playground.
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.
Incredibly spacious contemporary pool home. Almost 3000 sq ft of living space set on a private, interior lot with corner lakeview. Updated w/many attractive features including a beautiful kitchen. You'll love the warm raised panel wood cabinets, upscale granite counter tops, deep Euro double basin sink, glass mosaic back splash & stainless steel appliances incl double convection/microwave oven. Note the tasteful decor, volume ceilings, solid core doors, arched & transom windows, attractive ''stone-look'' tile floors. Roomy master suite has two fitted walk-in closets, new tile floors, walls & glass shower enclosure in bath. Guest bath also updated with new floor tile & tub surround. 4th Bedroom set up as an office. Please click The manager has listed the unit size as 2943 square feet.
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