19032 WINTERBERRY ST
About This Property
stunning craftsman home built on a premium lot of the lovely Reddenwood community in Milton. The extraordinary beauty of this home starts from the exterior with delightful privacy and a spacious rear yard backed by luscious trees. Continuing to the interior, beautiful engineered hardwood flooring welcome you into this meticulous home to experience a wide open and airy floor plan appointed with soaring high ceilings and full of light. A peaceful study or sitting room opens off the foyer and welcomes opportunities for working from home. Step into the central living area of the home thoughtfully designed to facilitate ease of conversation and gathering. Stunning stacked clerestory windows frame serene, wooded views from the great room and invite in delicate daylight embraced by a two-story ceiling and neutral color palette. Gourmet kitchen is equipped with a large entertainer's island, double wall oven, gas cooktop, and beautiful marble quartz counters. Dining room is situated directly off the kitchen and provides access to the 18 by 10-foot rear low-maintenance deck. Gracious main level primary suite boasts tray ceiling and double walk-in closets. Unwind after a long day in the lavish primary bath embellished with marble tile and hosting a relaxing soaking tub, double vanities, and stand-in glass shower. A second main level bedroom, full bath, and laundry room are also present on the main level. Ascending to the overlooking upper level, an expansive loft provides the opportunity for many different uses including a family room, recreation room, and more. Two bedrooms each with their own walk-in closets make it a breeze to host guests. An extensive unfinished bonus room measuring 22 by 19 allows for future expansion to become whatever your imagination desires. On the exterior, an attached 2-car garage, irrigated flower boxes, and decorative columns complete this home. The pristine and friendly community of Reddenwood offers many opportunities for community gathering and enjoyment with an extravagant pavilion featuring double-sided stone fireplace, built-in cornhole boards, and tot lot. Take advantage of this opportunity to experience that new home feel without waiting for new construction!
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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