23739 FOREST VIEW DRIVE
About This Property
The galley-style kitchen features soft-close cabinetry, stainless steel appliances, and ceramic tile flooring. Each bedroom has newer luxury vinyl plank flooring for easy upkeep and a modern look. Additional updates include a BRAND NEW ROOF, newer HVAC system, air handler, ceiling fans, and lighting.
The garage provides secure parking or extra storage, and the backyard offers a private, nature-filled setting with no rear neighbors-perfect for relaxing outdoors.
As a resident of Lake Padgett Estates, you'll enjoy access to an array of amenities including a private lakefront park with boat ramp, a community pool, tennis, basketball, and racquetball courts, a jogging track, batting cage, playground, dog park, and a clubhouse with a fitness center and rentable event space.
This home offers a perfect blend of comfort, convenience, and community. Schedule your private showing today.
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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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About Lake Padgett Estates East
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017