2343 River Tree CIRCLE
About This Property
Enjoy entertaining your guests in the open and inviting family room which features high ceilings, crown moldings, wood burning fireplace, built-in entertainment center and custom shutters throughout. The spacious master bedroom with ensuite has been beautifully updated. Enjoy the upgraded kitchen which includes stainless appliances and custom 42" solid maple cabinetry.
Architecturally complementing to the main residence, the pool home offers privacy, quiet and utility. Features include travertine floors, crown molding throughout, sauna/steam room, full bath, 1 bedroom/with closet, living area, as well as a full kitchen and dining area. This is the ultimate home office, in-law suite or just the perfect retreat for visiting guests.
This meticulously maintained property features new 5-ton HVAC system with air scrubbers (2019), security cameras (2019), New well and bladder (2020) lighting and new fans throughout, water purifiers in both kitchens, new LG appliances in Pool kitchen (2019), Google home hub network setup for both houses, new fans, awnings and Tiki bar upgrades, perfect for enjoying those gorgeous summery days. This house has it all. Schedule you're showing today for a chance to be the next lucky homeowners.
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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