3811 Mullenhurst DRIVE
About This Property
, 3 Full Baths and 2 half baths, and a 3-car garage home was built with such stunning elegance and architectural design that you will be in love with it within minutes of entering this home! The first floor of this home offers spacious formal dining and living rooms, a well thought out Kitchen plan that is sure to meet all your cooking needs, a large eat in kitchen space and huge family room with a gas fireplace that will be perfect for all of your family get togethers, a second master bedroom or 4th bedroom with its own bath that can also double for the pool bath, a large laundry room and storage closet, and lastly another half bath! Don't like stairs? No worries, just jump in the ELEVATOR and head upstairs! The second floor offers a gorgeous master retreat that will accompany the largest of bedroom furniture, a separate sitting area that has a beverage refrigerator so that there is no need to run downstairs for a refill, his and hers separate walk in closets with custom closet systems, and a luxurious spa like bathroom that has a full size jetted spa to relax in, a bidet, separate his and hers vanities, a linen closet and a magnificent balcony overlooking the pool area and to watch the sunsets on the lake! Additional features for the second floor are 2 other bedrooms, a full bath and a game room which is the perfect space for a movie or game nights with friends and family and half bath just outside the game room with a back staircase if you don't want to take the elevator! The grand staircase boasts an ornate custom designed wrought-iron railing that overlooks the foyer and formal rooms of this home! Outdoor living is equally impressive with the beautiful sparkling heated pool and spa, an outdoor kitchen that adds to the overall luxury and functionality of this expansive home. You will love entertaining outside with the tranquil views of the lake and beautiful sunsets! Lansbrook is known for its awesome walking & bike trails that go through the tree lined streets, a Lakefront Park on Lake Tarpon with a boat ramp, Public Golf Course, Playgrounds, basketball court, and soccer field! Go for a bike ride and sit at the Lakefront Park and enjoy the sunset over Lake Tarpon! The YMCA and John Chestnut State Park are located just outside the neighborhood. A home like this in the East Lake Area does not come available every day, so book your private showing today! Come enjoy the peace and serenity this gorgeous home has to offer!
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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