3560 Serenity Lane
About This Property
A circular driveway and extra parking make for a welcoming entrance. The tiled foyer leads you into a chef-inspired kitchen, featuring beautiful granite countertops and rich, cinnamon maple shaker cabinets designed with large drawers for easy organization. Formal living and dining rooms seamlessly flow with classic hardwood floors. The spacious primary suite is a true spa-like retreat, offering a new dual sink vanity, a jetted tub, and a step-in shower. A rare and delightful bonus is the private garden space accessible directly from the primary bathroom.
Embrace the Florida lifestyle on the massive 540 sqft screened back porch, perfect for entertaining or relaxing. The expansive, fenced backyard is a private natural oasis, shaded by stately oaks, and home to assorted palm trees... a mango, and a loquat tree.
Peace of mind comes standard with a long list of recent updates. The home features a new HVAC (2023), a new roof (2022), and a new water heater (2022). You'll find new carpeting throughout, as well as an updated irrigation pump and timer, primary bathroom vanity, laundry sink, outdoor fans, microwave, and dishwasher.
The prime location provides easy access to Wickham Rd, US1, and I-95, and is just minutes from shopping, Wickham Park, and the King Center. Don't miss this opportunity to own a meticulously maintained home in an incredible location!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017