20734 Corkscrew Shores Boulevard
About This Property
In the kitchen, you find all soft close shaker cabinets with built-in pull-out shelving, quartz counters, and a KitchenAid appliance set. The custom herringbone stone backsplash is carried into the custom pantry addition, where matching quartz counters are installed. Across from the island, you'll find the centerpiece of the main living room, a custom hand-crafted wood-featured wall with floating shelves and hand-stained herringbone wood planks. Other upgrades include a panoramic picture window screen cage, custom paint throughout, tile to the ceilings in every bathroom, a feature wall in the guest bedroom, upgraded large format plank flooring in every bedroom, custom windows treatments, hand-crafted vanity addition in the owner's bath, glass front door inserts, thoughtfully sourced premium lighting fixtures, D/C fans throughout, and a hot water recirculating pump for quick hot water throughout the home. The air-conditioned 3 car Garage upgrades include an epoxied floor, garage organizational system, multiple ceiling storage racks, and slat wall system that all convey. Located in the desirable community of Corkscrew Shores, it offers an extensive amenity package with NO CDD and is not located in a Flood zone. Be sure to visit the amenity island built around the boatable lake with the resort-style pool, sports courts with pickleball and tennis, a large fitness center with a movement studio, a fishing pier, a Captains Club restaurant, and more!
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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