3940 Elysian Woods LANE
About This Property
Peaceful owner's suite replete with two walk-in custom closets, spa-like bathroom with dual vanities, hidden TV in the mirror, walk-in shower, soaking tub, and slider that lead outside.
Upstairs, two en-suite bedrooms and a workout room. An additional en-suite bedroom is located on the main floor with an additional bedroom at the back of the home.
The lavish interior flows effortlessly to the breathtaking outdoors perfect for entertaining with a fully equipped outdoor kitchen bar area, fireplace, and heated saltwater infinity pool. Walk down to the 2 cabana areas that are equipped with an additional grill. Looking to enjoy some time on the water? Stroll down to your private oversized dock that features a 16,000lb boat lift and a 10,000lb dual jet ski lift. The dock is fully equipped with shore power, fresh water, and lighting. Take a cruise down Philippi creek to Sarasota Bay.
Other highlights of this property include outdoor landscape lighting, a hidden wet bar with a wine refrigerator, art gallery hallways, a mud room with a dog shower and automatic water bowl, 3 car attached garage, custom designed driveway with ample parking for entertaining, a security system, speaker system, and an outdoor shower & bathroom.
This captivating jewel is a must-see it to believe it and once you do.... Life will never be the same. Room Feature: Linen Closet In Bath (Primary Bedroom).
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017