317 N SHADOWWOOD Drive
About This Property
An inviting foyer opens to the elegant formal dining area that is visually enhanced by architectural details. The well-appointed kitchen boasts granite counter tops, upgraded cabinetry, stainless appliances, recessed lighting, walk-in pantry, and a raised snack bar overlooking the sunlit breakfast area. The expansive great room features large windows that provides abundant natural light, vaulted ceilings, and sliding glass doors that lead to the covered lanai and spacious private backyard. The master bedroom suite has trey ceilings, access to the lanai, his and her closets and a luxurious master bath with dual vanities, a garden tub, separate tiled walk-in shower and a private water closet. This custom home is further enhanced by four additional oversized bedrooms, one is currently a home office, two conveniently located spacious guest baths, a powder bath, separate laundry room with washer/ dryer and upgraded cabinetry. Additional interior upgrades include quality ceramic tile flooring, wood flooring, recessed lighting, custom blinds, upgraded light fixtures, ceiling fans and Liberty Safe. Large outdoor living space features covered lanai, oversized yard with plenty of room for a pool, and professional landscaping. Additional exterior upgrades include a three car garage with epoxy flooring, carriage lights, covered front entry, storm gutters, termite bond, pre-wire for a pool/spa, extended driveway and programmable irrigation system with private well. Call today for a private tour.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017