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385 Tunbridge Drive
About This Property
WELCOME to your DREAM HOME! This stunning lakefront property offers space, comfort, and style in the highly desirable Chelsea Park community. Enjoy stunning lake views from nearly every main living space, including the primary suite, primary bath, living room, dining room, kitchen, family room, loft/bonus room, and back patio.This beautifully maintained home features 6 bedrooms, 3 full bathrooms, formal living and dining rooms, a spacious family room, and a large loft--providing plenty of room for both everyday living, playing and entertaining. The chef-inspired kitchen includes: 42'' cabinets
Hard-surface Corian countertops with molded sink, glass-top range, breakfast bar, and an extended dining nook .The luxurious primary suite (downstairs) offers a HUGE walk-in closet, spa-like bath with separate tub and shower, double sinks, and outdoor access.
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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%.
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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About Chelsea Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017