50
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3104 ENTERPRISE ROAD
About This Property
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The long time owners are looking for a buyer for their custom built home oasis located in the heart of convenient living with a generous green space to call your own. The property is 1.33 of flat acreage set back from the main road with mature trees, gorgeous lawn, irrigated landscaped beds, lots of paved driveway space and fenced pool.
This freshly painted two-story, two-and-a-half-bath home has an attached two-car garage with an air compressor, automatic doors, upper attic storage space, and an additional lawnmower and gardening shed, plus a fire pit area for rustic entertaining.
The first floor has an open kitchen, dining, and living room (new carpet 2021) space with artfully tiled wood burning fireplace, bar area and sliding doors which open to a southern exposure sunroom perfect for an all-seasons jacuzzi or greenhouse. The kitchen has a large pantry with utility room which includes an up-to-date, easy to maintain deep well-water treatment system. Kitchen appliances include an electric smooth top stove, oven, microwave, trash compactor, dishwasher, and refrigerator. There is ample cabinet storage, a large picture window beside a cozy breakfast nook, and adjacent powder room.
A large additional living space right off the kitchen is perfect for a playroom, game room, or parties, with its own door to a roofed front porch, and French doors opening onto the pool patio.
The second floor features a sunny, expansive master suite with its own staircase, two walk-in closets (one with access to attic storage), and a south-facing bay window with built-in window seat. An ensuite bathroom has double sinks and new custom-built walk-in shower and ceiling heater.
A hallway leads to an additional full bath (with tub and linen closet) and sitting area, convenient second-floor laundry room with washer and dryer, and two additional upstairs rooms ready to become offices, creative studios, or bedrooms. There is lots of storage upstairs and down.
The inground heated pool is 21,000 gallons, self-cleaning salt water with a shallow area perfect for kids and a bench seat with jets – new cover 2021. Beautifully landscaped and irrigated beds, sunny patio, pool shed and a separate, gated dog run surround the pool.
This home gives you generous green space with the best of convenient suburban living, minutes from schools, restaurants, shopping, places of worship, golf course, and the Metro. You could make this indoor and outdoor oasis your own.
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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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About Mitchellville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017