26749 MIDDLEGROUND LOOP
About This Property
Step into a warm and inviting kitchen with honey oak cabinets, corian countertops, a closet pantry, a breakfast bar, and a cozy eat-in nook. The adjacent formal dining room offers ample space for entertaining. The spacious living room is filled with natural light from the sliding doors, making it an ideal spot for relaxing or hosting guests. The primary suite is generously sized to accommodate a king bed and oversized furniture. It features an updated en-suite bath with double vanities, granite countertops, updated cabinetry, a walk-in closet, and a modern frameless glass walk-in shower. Two additional bedrooms are perfect for guests, a home office, or a hobby space. The 2nd bath features an updated vanity with granite countertop. Enjoy the outdoors in your large fenced-in backyard-perfect for lounging, grilling, or even adding a pool. Additional features include a whole home electric surge protector for added peace of mind and protection. Recent updates include a new roof (2020), new water heater (2020), and new HVAC (2025). Lexington Oaks offers incredible amenities: a pay-as-you-go 18-hole golf course, clubhouse with a restaurant, community center, heated pool, fitness center, tennis, basketball, volleyball & soccer courts, splash pad, and multiple playgrounds. Families will love the nearby daycare centers, with hospitals, schools, restaurants, and shopping just minutes away. This home truly offers exceptional value in a prime location-schedule your private showing today and make it yours!
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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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About Lexington Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017