Assumable VA loan available at 2.250% interest rate - assumable by
*any* qualified buyer, veteran OR non-veteran. Assumption subject
to Freedom Mortgage buyer qualification. LAKE VIEWS. This premium
lot backs directly to one of the Blackhawk lakes, offering water
views + added privacy-no public walking path behind the home. Lake
views through oversized living room windows & from the main floor
primary suite. Curb appeal is approachable: flat driveway, updated
landscaping, and new exterior paint. An 8-foot front door opens
into a two-story foyer. The floor plan outshines the competition.
Five bedrooms, four full bathrooms, dedicated office, multiple
dining & multiple living areas give every member of the household
room. The office overlooks the front yard, while the formal dining
room - large enough for a family heirloom dining set - connects
directly to the kitchen. And what a kitchen. Expansive with solid
function - featuring two large islands, two sinks, and new
stainless steel appliances: gas range, microwave, dishwasher.
Granite counters, recessed lighting + new pendant lighting. Samsung
French-door refrigerator. All cabinetry freshly painted. A seamless
flow into the oversized, main living room which features a gas
wood-burning fireplace. Throughout the main level, soaring ceilings
& new luxury vinyl plank flooring create a fresh feel. The
oversized primary suite features two walk-in closets & an updated
bath - frameless glass shower, quartzite counters, dual sinks, new
faucets & lighting. A second main floor bedroom enjoys its own
updated full bathroom. The oversized laundry room rounds out the
ideal main floor. Upstairs, the functional layout continues: a
generous game room, three well-sized bedrooms and two full
bathrooms. New designer carpet throughout. Walk-in closets. The
rear covered patio overlooks a backyard with room for a pool - all
framed by sunset views over the water. Two Carrier HVAC
systems. Two water heaters. Sprinkler System. Solar Panels.
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.
BREATHTAKING HOME in the Prestigious Blackhawk Community! Practically Brand New this home is truly special! It backs to a small lake offering glorious water views throughout the home's abundance of windows! At 3,638 sqft this home offers 5 bedrooms, 3 living areas, 4 Baths & more! One of the most show-stopping features is the magazine-worthy kitchen that opens into the living room with 2 stunning center islands; a cook/entertainer's DREAM KITCHEN! Just 30 mins from Downtown, 20 mins from The Domain! The manager has listed the unit size as 3638 square feet.
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