3810 Thornewood WAY
About This Property
the patio, giving direct access to the lanai. The luxurious Master Bath boasts a Jacuzzi soaking tub, his and her vanities, walk-in shower and private toilet. Step outside to your private oasis where there 's plenty of room for summer fun in the covered, screened-in lanai. This back yard space is peaceful and ideal for relaxing, entertaining guests and hosting a cook-out with friends. There is plenty of backyard
space to build your dream pool if you desire. There's already a true pool bathroom off of the lanai equipped with a full shower as well. Upstairs you will find the loft that is ideal for a movie/game room, study space or gym. There are two large upstairs bedrooms adjoined by a Jack & Jill bath that features a private shower/tub, toilet and a shared vanity with dual sinks. There is an additional full bath and
bedroom upstairs as well. But wait, there's more!! The roof was just fully replaced at the end of 2023, the staircase and feature wall were remodeled in 2020, all new light fixtures, ceiling fans, and stain/water resistant carpet in 2019, recently added new sink faucets, garage motor with wifi capabilities and security camera, and irrigation updates. The Legends Community has a 24 hour guard at
the gate. Your monthly HOA dues include internet and cable as well as access to the Clubhouse that includes a fitness center, tennis courts, basketball court, playground, lanai overlooking Lake Louisa, multi-purpose room, and a beautiful resort style pool. Don't wait, schedule your private showing today!!
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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