3103 CAVALIER AVENUE
About This Property
Welcome to your dream property-situated on 1.17 acres in a golf cart-friendly community with no HOA and A-rated schools! This beautifully designed 4-bedroom, 3-bathroom home offers a blend of elegance, functionality, and outdoor living-perfect for those who need space, privacy, and versatility.
Step inside to soaring 12-foot ceilings, an open split floor plan, a dedicated office, and a formal dining room. The spacious kitchen is truly a chef's dream! Featuring a stainless steel farm sink, double ovens, premium appliances, a large island, and an abundance of cabinetry. The huge walk-in pantry and breakfast nook complete this well-thought-out space, which flows effortlessly into the bright living room with 8' sliding glass doors opening to the lanai.
Designed for flexible living, one wing of the home features Bedrooms 2 & 3 with a shared bath, while the opposite wing includes a private guest suite with access to a full bath, ideal for visitors or pool access.
The oversized primary suite is your private retreat, with direct lanai access, two generously sized walk-in closets (one is 14' long!), and a spa-style bathroom with a freestanding soaking tub, large frameless glass shower, and double vanities.
The fenced backyard includes a massive 25'x35' metal workshop with a 14' bay door and paver patio-ideal for hobbyists, RVs, boats, or business equipment. The 3.5-car garage also features extra-tall bay doors to accommodate oversized vehicles. Enjoy low electric bills with Solar Panels that will be paid off at closing.
All of this is nestled in a vibrant community with a nature preserve, dog parks, playgrounds, a baseball diamond, and a scenic 18-hole golf course just minutes away.
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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