Completely renovated DETACHED home on a quiet interior street just
a SHORT WALK TO THE LAKE and AWARD-WINNING SCHOOLS. Open and
spacious floor plan includes a GREAT ROOM design with vaulted
ceilings. Gorgeous REMODELED CHEF's KITCHEN includes granite
countertops, an induction cooktop with incredibly fast cooking and
response times, a stainless steel refrigerator, custom cabinets and
gorgeous tile backsplash. Upstairs, the SPACIOUS MASTER SUITE
includes an alcove that is perfect for a home office, additional
closet or workout space. Both secondary bedrooms are large
and one has a WALK-IN CLOSET with an additional room for storage or
a playroom. Newer sliding glass doors and windows throughout
the home. Gated private front courtyard and large
professionally hardscaped & landscaped yard. Rare home in the
neighborhood that is completely DETACHED, this home feels and lives
like an SFR. Other features include new carpet, fresh paint,
new epoxied garage floors, remodeled bathrooms, newer water heater
– completely MOVE-IN READY! Fantastic Woodbridge
resort-style amenities include 2 lakes with sand beach lagoons,
boating & fishing, 20 pools, 20+ tennis courts, volleyball,
playgrounds, parks, fitness course, and a multitude of
family-friendly activities. Excellent schools all in easy walking
distance. No MELLO ROOS and low HOAs.
Unit Size
2,092 Ft²
Days on Market
29 days
Land Size
0.05 acres
Price per sqft
$444
Property Type
Condo
Property Taxes
-
HOA Dues
$310
Year Built
1981
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
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