3522 Burnt Pine Lane
About This Property
The home has most recently been perfectly prepared for its new owner with all brand new furnishings, newly painted full interior, hardwood floors sanded and re-stained, beams stained, new epoxy garage floors, upgraded master toilet bidet, new landscape lighting, three A/C units added just two years ago, plus the Moke and Green Egg are included!
Step inside to discover an array of exceptional comforts, including a sophisticated island kitchen complete with top-tier appliances including an oversized gas stove, wine cooler, and more. Delight in the seamless flow from the formal dining room to the living area, where a grand fireplace adds warmth and charm.
A custom home office space and ample garage space underscore the home's commitment to convenience and style.
Outside, with over 7000 sf under roof, indulge in the private pool or relax in the hot tub, set against a backdrop of stunning golf course views. This gated community offers additional amenities such as a marina, tennis court, beach club, pickleball, playground plus shopping and dining enhancing your living experience. Embrace resort living at its finest in this luxurious abode. Buyer to confirm all information including dimensions, HOA and other fees deemed important.
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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