25102 TREEVIEW LN
About This Property
At the heart of the home, the gourmet kitchen is a chef's dream, featuring top-of-the-line Cafe stainless steel appliances, including a six-burner gas range. The 42" white cabinetry with under-cabinet lighting enhances the beautiful Quartz countertops and new backsplash, while the expansive island, illuminated by elegant pendant lighting, provides the perfect gathering spot for casual meals or entertaining guests. The open-concept design flows seamlessly into the dining area and adjacent living room, adorned with a shiplap accent wall, custom built-ins, a cozy gas fireplace, and large picture windows framing serene outdoor views. Just off the living room, a versatile 8 x 7 room with built-in cabinets offers the perfect space for a mini-office, hobby room, or any other flex space needs.
The primary bedroom is a luxurious sanctuary, complete with French transom doors that open to the patio. The spa-like ensuite bath boasts dual vanities with upgraded countertops, a walk-in stall shower with bench seating, a freestanding jetted tub, private water closet, and two generous closets, one walk-in with a custom organizing system.
Off the foyer, you'll find two generously sized guest bedrooms, each offering comfort and privacy, and a beautifully designed hall bath that serves the space. Nearby, a light-filled home office sits behind elegant French doors, creating an ideal work-from-home environment. A perfect powder bath is conveniently located just before entering the mudroom and a fully equipped laundry room with access to the finished garage, featuring a sealed floor and freshly painted walls and ceiling, adds a polished touch to the home's functionality.
Red Mill Pond South offers an array of resort-style amenities, including a clubhouse, fitness center, pool, gathering and game areas, and a boat ramp with access to the picturesque Red Mill Pond. Just minutes from the historic charm of Lewes, Delaware, with its vibrant main street full of unique shops, gourmet bakeries, craft breweries, and the scenic Lewes marina, this home also provides direct access to the bike trail, leading you all the way to Rehoboth Beach without the need to drive. This coastal gem is a must-see-Simply Perfect!
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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%.
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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