196 MARTELLO Drive
About This Property
This community offers several amenities, including pool cabanas, a snack bar that is open on weekends, pickleball courts, miniature golf, and a half-court basketball. The HOA is $389 per quarter, which includes maintenance of the common areas, trash, and access to the amenities. There are no CDD fees.
This charming 3-bedroom, 2-bathroom home is perfect for anyone looking for a peaceful retreat.
As you enter this lovely home, you will be greeted by a quiet open space that can be used as a parlor, dining room, living room, or office. Beyond this space, you will find the heart of the home, an open-concept kitchen that flows seamlessly into a spacious living area, perfect for entertaining or cozy nights in. The well-appointed kitchen boasts Quartz countertops, stainless steel appliances, and a Whirlpool French Door refrigerator with ice maker and water spout. The Kitchen Aid Dishwasher has a top shelf for utensils.
From the family room, you have a beautiful view of the lanai and green space outside, which includes, pavered patio, the berm area with several trees, and of course, your lot is on the lake, which affords relaxing views perfect for watching sunsets in the evening.
The owner's suite is located at the back of the home, providing a stunning view of the green space outside. The owner's bathroom features ample counter space, a garden tub, a separate shower, and a water closet. Off the hallway, you will find two more bedrooms and a full-size bathroom with plenty of counter space. The laundry room comes equipped with a utility sink and a powerhouse Speed Queen washer and whirlpool dryer.
This home features plank floor tiles, that look like hardwood, throughout the home, except in the bedrooms.
Additionally, there is a water softener, Ruckus WiFi routers, a tankless water heater, and natural gas for cooking and the clothes dryer. The home is also hard-wired for a security system.
For curb appeal , you will find a beautifully pavered driveway that has been extended by 2 feet on each side, pavered flower beds, and walking stones. The garage features heavy-duty racks for storage.
This home is perfect for anyone looking for a peaceful retreat in a beautiful community.
Come and see it for yourself!
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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