Don't miss this opportunity! Lake Life Starts Here! Tucked away at
the end of a private cul-de-sac on over ½ acre, this beautiful
colonial backs to a large common area in a gated lake community.
Offering over 4,000 finished sq. ft., this home features a
main-level primary suite with a spacious en suite bathroom. The
impressive two-story great room showcases vaulted ceilings, while
the open-concept kitchen offers granite countertops, a large
island, butler's pantry, pendant lighting, and stainless-steel
appliances including a 5-burner gas cooktop and double ovens.
Upstairs are three spacious bedrooms, a full bath, and an overlook
to the main living area. The finished walkout basement is truly
exceptional, featuring porcelain tile floors, a family room with an
electric fireplace, an incredible spa-inspired bathroom with an
oversized marble shower, multiple body jets, waterfall features,
and a glamorous walk-in closet. Plus, two extra oversized bonus
rooms. Additional highlights include a paid-off solar panel system
that helps reduce utility costs, plus a spacious Trex deck
overlooking a private backyard. Enjoy all that lake living has to
offer, including a 240-acre deep-water lake, power boating,
fishing, two sandy beaches, clubhouse with fitness center, walking
trails, playgrounds, dog parks, 24/7 gated security, high-speed
internet, and a convenient location just 20 minutes from
Winchester.
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.
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