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196 ATHABASCA DRIVE
About This Property
The first floor features a flexible layout with a separate living room and dining room at the front of the home, along with a family room and breakfast nook positioned around the kitchen. The kitchen offers generous wood cabinetry, granite countertops, a breakfast bar, pantry, and plenty of workspace. Its open connection to the breakfast nook and family room keeps the main gathering spaces connected, while sliding glass doors provide direct access to the backyard. A half bathroom and separate laundry room add convenience on the first floor.
Upstairs, the primary suite includes a large bedroom, spacious walk-in closet, and private bathroom with dual sinks, an extended vanity, soaking tub, and separate walk-in shower. Three additional bedrooms are also located upstairs along with a second full bathroom, creating a practical separation between the main living areas and private bedroom spaces.
Outside, the home offers a generously sized backyard with plenty of open lawn and room to create an outdoor living space that fits your needs. The attached two-car garage provides additional parking and storage.
With four bedrooms, multiple living and dining spaces, a spacious kitchen, a brand-new 2025 roof, all bedrooms conveniently located upstairs, and plenty of room both inside and out, this Poinciana home offers a versatile floor plan with space to make it your own.
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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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About Lake Marion Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017