3805 LAKEVIEW ACRES ROAD
About This Property
Upon entry, the attention to detail in this custom build is immediately evident, featuring luxury vinyl flooring throughout the main living areas, carpet in select bedrooms, and upgraded fixtures throughout the home. The kitchen is truly the centerpiece, showcasing quartz countertops, expanded cabinetry, a stainless steel appliance package, natural gas cooking, a custom range hood, and glass accent cabinet doors.
The primary suite is located on the main floor and offers private access to the lanai and pool area. The spa-like primary bath features a soaking tub, oversized shower, dual sink vanities, and a premium walk-in closet with a window nook for natural light. Two additional bedrooms are also located on the main floor and share a private Jack-and-Jill bathroom. The laundry room and convenient drop station are thoughtfully positioned in this section of the home.
Upstairs, you will find a generous loft area that works perfectly as a second living room or flexible entertainment space. On opposite sides of the loft are two additional bedrooms, providing privacy and comfort for family members or guests.
The expansive lot offers over an acre of space with access from both the corner and cross street, providing flexibility for adding an exterior building, workshop, or studio. The home is highly efficient and also offers a 24w whole house generator system. The area also offers nearby lake access through a public boat ramp or community landing. This property combines luxury finishes, thoughtful design, and exceptional indoor and outdoor space-truly a home that must be seen to be fully appreciated.
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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%.
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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