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2504 Addison Drive
About This Property
The kitchen is equally impressive, featuring a gas stove powered by natural gas already connected on the property, making it ideal for those who love to cook and entertain. A tankless water heater adds both efficiency and convenience, providing endless hot water. while supporting the home's modern, energy-conscious design. The home also features surround sound, enhancing both everyday living and entertaining with an elevated audio experience throughout the main living spaces.
Designed with entertaining in mind, the home features a beautiful private courtyard that creates the perfect indoor-outdoor lifestyle. Whether hosting friends, enjoying family gatherings, or relaxing with a quiet evening outdoors, this inviting space offers both charm and functionality. Adding to the ease of ownership, all landscaping and exterior grounds maintenance are completed by the HOA, allowing you to enjoy a beautifully maintained property without the constant upkeep.
Located just one block from the incredible Addison Village amenities, this home offers a true resort-style lifestyle, and access to these amenities is included in your HOA. Residents enjoy multiple resort-style pools including a kid-friendly pool area, adult-focused spaces, and a lap pool, along with pickleball courts, tennis courts, bocce ball, indoor basketball courts, an outdoor workout area, clubhouse amenities, event spaces, and gathering areas designed for both recreation and community connection.
Situated within a golf cart-friendly community, you're just minutes from schools, grocery stores, golf courses, restaurants, and the popular Viera shopping and dining district, making everyday convenience part of the lifestyle. With several golf courses nearby and the beach only a few miles away, this location perfectly balances recreation, relaxation, and convenience. Whether you're heading to brunch, shopping, community events, the golf course, or a day by the ocean, everything is right at your fingertips.
Built in 2022 and meticulously maintained, this home offers the opportunity to enjoy the feel of new construction without the stress or delays of building. Beautifully designed, perfectly located, and created for effortless living, this home is more than just a place to live it's a lifestyle.
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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 Viera West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017