349 RUBY LAKE LOOP
About This Property
Step through the double front doors and into a bright, open layout that flows beautifully from room to room. Just off the entry, the formal dining room-with its coffered ceiling and sunshine-filled windows-sets the stage for gatherings. The front living area, with tile flooring and sliding glass doors, opens right up to the pool, making indoor-outdoor living a breeze.
At the heart of the home, the kitchen and family room create the perfect hangout spot. The kitchen features solid wood cabinetry, stone countertops, stainless steel appliances, a roomy pantry, and a casual breakfast bar. A cozy nook overlooks the pool, while the family room shines with built-in cabinetry, stone accents, and a rustic brick feature wall that adds warmth and personality.
The primary suite is its own retreat-sliding doors open directly to the pool deck, and the en-suite bath provides dual vanities, a garden tub, and a walk-in shower. The three additional bedrooms are just as comfortable, each with double-door closets, ceiling fans, and soft carpet. With a dedicated pool bath and a full guest bath, the layout is as practical as it is inviting.
Outside, the covered patio is made for lazy afternoons and weekend cookouts. With peaceful views of the pool and backyard, plus a ceiling fan to keep things cool, you'll want to spend plenty of time out here. The home also includes a laundry room with storage cabinets and a utility sink to keep everything organized.
And don't forget-you're in Ruby Lakes, where life moves at a laid-back pace. Cruise around the gated neighborhood by foot, car, or even golf cart, and enjoy the peace of mind that comes with quiet security.
If you're looking for comfort, style, and a lifestyle that feels like vacation, this is the one. Let's set up a tour-you'll want to see it in person!
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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