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192 Shoreline Trace
About This Property
Upstairs, an oversized bonus room with double closets offers incredible versatility and can easily serve as a potential 6th bedroom, media room, playroom, home gym, or additional living space. With over 4,000 square feet, the home provides plenty of room to spread out while maintaining comfortable and functional living spaces throughout.
Outside, enjoy a pergola-covered back patio, while the 3-car garage provides generous space for vehicles, storage, and recreational gear.
Lakeshore Cove offers a gated community setting with amenities including a basketball court and community dock on the pond. The community developer also plans to create two new amenities, a clubhouse and swimming pool, adding even more to look forward to within the neighborhood.
Conveniently located near local schools, shopping, dining, and everyday essentials, 192 Shoreline Trace offers easy access to the conveniences of Fort Oglethorpe while still enjoying the setting and amenities of a gated community.
With five bedrooms, two office spaces, a versatile bonus room, main-level primary suite, 3-car garage, and over 4,000 square feet, this home offers an impressive combination of space, flexibility, location, and community amenities.
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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