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20 RYBAR LANE
About This Property
From the moment you enter, the grand foyer makes a statement fit for royalty. The beautifully updated kitchen is the heart of the home, showcasing quartz countertops, a stone backsplash, 42" soft-close cabinetry, and stainless steel Whirlpool appliances. The spacious primary suite offers a true retreat complete with a large walk-in closet, linen closet, dual vanities, a private water closet, a soaking tub, and a stunning tile walk-in shower.
The expansive family room features oversized French doors leading to the covered lanai, creating the perfect indoor-outdoor flow for entertaining or relaxing. Outside, the spacious backyard offers plenty of room to design the pool of your dreams! Major updates provide peace of mind including a gorgeous multi-color architectural shingle roof installed in 2022 and HVAC replaced in 2023. Best of all, enjoy the freedom of NO HOA and NO CDD fees.
Why wait for new? This home is the total package and an absolute must-see!
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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 Lehigh Woods
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017