Welcome to this beautifully designed 5-bedroom, 4-bath residence
offering a thoughtfully planned layout and scenic surroundings. Up
to $8500 offered in lender paid closing cost options, to include a
rate buy down! From the expansive front porch, enjoy views
overlooking the nearby golf course, creating a tranquil and open
setting. Inside, the light-filled home features a two story family
room, spacious main-level primary bedroom, and secondary bedroom
and bath, all providing convenience and flexibility. The additional
bedrooms and baths offer ample space for a variety of living
arrangements, work-from-home needs, or guest accommodations. A
sealed crawlspace allows for both peace of mind and extra storage,
in addition to the unfinished storage area located inside the home.
Situated within a golf course community, residents have access to a
range of amenities, which include a pool with waterslide,
pickleball courts, additional sports courts, playground, and
fitness center. This property presents an opportunity to enjoy
comfortable living in a community-oriented environment with
recreational options nearby.
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.
Appliances: Built-In Gas Oven, Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater
Flooring Type: Carpet, Hardwood, Tile
Laundry Features: Laundry Room
Rooms: 1
Has Fireplace
Fireplace Features: Family Room, Gas, Outside
Fireplaces: 2
Exterior Details
Square Footage: 3704
Architectural Style: Transitional
Year Built: 2022
Building Area Total: 3704
Levels: Two
Construction Materials: Fiber Cement, Stone Veneer
Patio and Porch Features: Covered, Front Porch, Rear Porch
Lot Features: Back Yard, Corner Lot, Front Yard, Near Golf Course, Sprinklers In Front, Sprinklers In Rear, Views
Lot Size Area: 0.5
Lot Size Units: Acres
Lot Size Acres: 0.5
Lot Size Square Feet: 21606
Water Source: Community Water
Financial Details
Tax Assessed Value: $863,584
Tax Annual Amount: $6,131
Utilities Details
Cooling Type: Central Air, Electric, Gas
Heating Type: Electric, Fireplace(s), Natural Gas
Sewer : Community Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Road Maintenance, Storm Water Maintenance
HOA/Condo/Coop Amenities: Barbecue, Basketball Court, Clubhouse, Fitness Center, Park, Picnic Area, Playground, Pool, Recreation Facilities, Sport Court
HOA Fee: $1,380
HOA Fee Frequency: Annually
Building Info
Overview
General
Year Built:
2022
Effective Year Built:
2022
Bedroom Count:
5
Bathroom Count:
4
Full Bathrooms:
4
Partial Bathrooms:
4
Building Condition:
0
Building Quality:
6
Construction Type:
17
Building Style:
15
Exterior Walls Type:
0
Interior Walls Type:
0
Roof Shape Type:
0
Roof Cover Type:
0
Floor Count:
150
Floor Cover:
0
Basement Type:
5
Basement Area:
0
Garage Type:
0
Parking Space Count:
0
Patio Type:
0
Porch Type:
0
Pool Type:
0
Dimensions
Lot Size Square Feet:
21,606
Total Building Area:
3,636
Building Area:
3,636
Building Area Measurement:
L
Heating and Cooling
Air Conditioning:
0
Heating:
0
Heated Square Feet:
3,636
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
CHAPEL RIDGE
Land Acres:
0000000496
Standard Land Use Code:
1001
County Land Use Code:
37
Legal Description 1:
J3-7CR-20A AC 0.49599999 BK 2004 PG 222
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