1892 CAYMAN COVE CIRCLE
About This Property
As you approach the property, you'll appreciate the stone paver driveway leading to the spacious two-car garage, adding both curb appeal and convenience. Stepping inside, you are welcomed by a bright and open atmosphere, enhanced by double sliding glass doors that bring in abundant natural light and provide a view of the backyard and pond beyond.
The living room, dining area, and kitchen flow seamlessly together, creating an open-concept layout ideal for both everyday living and entertaining. The kitchen features bright cabinetry with crown molding, plenty of cabinet space, and a center island with bar seating, perfectly positioned to overlook the living room so you can stay connected with guests and family while preparing meals.
Just off the living room, the primary suite offers a comfortable and private retreat, complete with a walk-in closet and attached en-suite bathroom. The primary bathroom includes a dual-sink vanity and a walk-in shower, providing both functionality and convenience.
Toward the front of the home, you'll find the two additional bedrooms, which are similar in size and layout and offer plenty of natural lighting. These rooms are separated by the guest bathroom and a nearby storage closet, creating a practical layout for family members, guests, or a home office.
Step outside through the double sliding glass doors to the backyard, where you'll enjoy tranquil pond water views. The side fencing adds additional privacy, making the outdoor space perfect for relaxing, entertaining, or enjoying the peaceful surroundings.
Located in the Eagle Meadow community, this home offers convenient access to major roads, highways, shopping, dining, and local entertainment, making it a great option for both comfort and location.
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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