301 Frontier TRL
About This Property
The open floorplan of the main home is perfect for entertaining both indoors or on the expansive 600+ square foot covered back patio overlooking the pool and a serene grove of oak trees. The grand living area includes 12 foot ceilings and a striking limestone fireplace.
The gourmet kitchen, featuring dual bars and a center island, and opens to both a formal dining room and a spacious breakfast area. A dedicated office with French doors connects to the luxurious primary suite, which is privately tucked away and large enough to include a sitting area. The primary bath has been recently remodeled with a soaking tub, separate shower, dual sinks, and a generous walk-in closet. Three additional bedrooms are situated on the opposite side of the home for added privacy.
Outside, enjoy a picturesque oasis with a pool featuring a tranquil waterfall, as well as a wet weather creek at the back of the property. This home also includes a propane-fueled kitchen and fireplace, all new architectural shingles, freshly painted exterior, and updated gutters. Toro zero-turn mower may convey with an acceptable offer. Home is marketed below appraised value, so make your appointment to see it today!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2024 | In contract | - | |
| In contract | |||
| Oct 5, 2024 | Listed by The Damron Group REALTORS | $815,000 | |
| Listed by The Damron Group REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017