21858 Marigot Drive
About This Property
Step inside and be greeted by a recently renovated kitchen that showcases unique upgrades. The kitchen now features an expanded pantry, a larger island, and a spacious countertop eat-in area, making it a true culinary haven. Enjoy meals with a view as you overlook the lake through the ample windows.
New roof to be installed. The covered patio is a haven for relaxation, complete with a motorized retractable screen that allows you to enjoy the outdoors while maintaining comfort and privacy. The landscaped yard provides a serene backdrop, ideal for outdoor gatherings and activities.
Inside, you'll find a custom-built office/den that offers flexibility for remote work or as a study area. The elegant master suite has also undergone recent renovations and features an en-suite bathroom and not one but two large walk-in closets, providing ample storage space for both his and hers wardrobes.
Convenience and security are paramount, as the house is equipped with a Ring security system. You can easily manage access to the front door and garage through the digital lock and the dedicated phone app, providing peace of mind and facilitating convenient deliveries.
With a large circular driveway and meticulously landscaped surroundings, this home presents a welcoming and visually appealing exterior. Prepare to be captivated by the combination of upgraded features, stunning lake views, and an abundance of living space that make this property a truly exceptional find.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017