Tucked away on a cul-de-sac and situated on approximately one-third
of an acre, this spacious 5-bedroom, 4.5-bath home offers a
fantastic floor plan with plenty of room to spread out. Soaring
ceilings and abundant natural light create an open, airy feel from
the moment you walk in. With two bedrooms on the main level, a
dedicated home office and a spacious game room upstairs, there's
flexibility for everyday living, working from home, guests and
entertaining. At the heart of the home, the kitchen opens to the
breakfast area and impressive two-story living room, creating a
bright and inviting gathering space. A dual staircase adds both
character and convenience, with one staircase located near the
entry and a second connecting the upstairs game room directly to
the kitchen area. The spacious primary suite feels like its own
private retreat with a separate sitting area and direct access to
the covered back patio. The primary bath features separate
vanities, a garden tub, oversized walk-in shower with bench seating
and a large walk-in closet with its own private access to the
laundry room. Outside, the oversized covered patio gives you even
more room to relax and entertain, with access from both the
breakfast area and primary suite, plus a gas stub-out ready for
grilling. And with a third of an acre, there is still plenty of
backyard to enjoy, play or create the outdoor space you've been
dreaming of. Located in desirable Falcon Pointe, residents enjoy
pools, a splash pad, parks, playgrounds, trails and sports courts,
all while being conveniently located near schools, shopping,
restaurants and entertainment with easy access to SH 130 and SH 45.
This is the kind of home that gives you the space you want, the
floor plan you need and a location that makes everyday life a
little easier.
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.
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