3 WASER PLACE
About This Property
Situated at the end of a tranquil cul-de-sac in the desirable Pine Lakes neighborhood, this meticulously maintained 3-bedroom, 2-bathroom residence offers a harmonious blend of luxury and functionality. Elevated gracefully on an oversized lot, the home boasts exquisite landscaping adorned with decorative curbing and majestic Florida palms, enhancing its stately presence.
The interior features a sought-after open split floor plan accentuated by double-tray ceilings and arched windows, creating an airy and inviting atmosphere. The gourmet kitchen is a chef's dream, showcasing granite countertops, rich wood cabinetry with crown molding, and ample workspace. The master suite is a private retreat with an en-suite bathroom featuring double vanity sinks, a Roman soaking tub, a separate walk-in shower, and a private water closet.
Step outside to your oasis: a screened (heated) saltwater pool with a spillover spa (separately heated from pool!*) and waterfall feature surrounded by stunning paver decking. The expansive covered lanai provides ample space for outdoor entertaining and convenient access to a poolside bathroom.
Additional highlights include a power garage screen door, rain gutters, *propane spa heater, and a large fenced yard adorned with exquisite landscaping, decorative curbing, and Florida palms. This home exemplifies Florida living at its finest. Schedule a showing or FaceTime tour 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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017