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3439 Cherry Ridge Road
About This Property
Along with very low HOA fees, a community pool and group area for cook-outs & gatherings, this beautiful subdivision features gorgeous landscaping and ponds throughout, as well as multiple dog park areas, on acres of nature preserves!
This stunning home sitting on a large corner lot offers 4 bedrooms, 2.5 baths, a split floor plan, vaulted ceilings, formal living (or dining) room, family room, large kitchen with ample cabinet space, breakfast room, and an office. The primary bedroom features a spacious en-suite with his and hers walk-in closets, double vanity, garden tub, and water closet. From the family room, open French doors to fuse indoor and outdoor living while enjoying the covered patio, overlooking the beautifully landscaped back yard, complete with its own private sparkling saltwater swimming pool. This tranquil exterior comes framed with a 6ft privacy fence and also includes in-ground irrigation system. And look at the solar panels on that roof! Solar will be paid in full at closing by Sellers!! This amazing home is priced to sell quickly. This is one you don't want to miss!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017