40 Conifer Court
About This Property
The home features the perfect layout, offering three spacious bedrooms and three bathrooms. The home boasts two true primary suites, each with double vanity sinks and large walk-in showers. One primary suite is conveniently located on the first floor, while the second is on the upper level, providing flexibility and privacy. The third guest bedroom is also on the first floor, with an adjacent bathroom featuring a shower-tub combo, Welcome to Seasalt Cottage, a charming retreat situated in the highly sought-after Watersound Origins community. This vibrant neighborhood offers an array of amenities, including a large resort-style pool, a golf course, pickleball and tennis courts, miles of scenic trails, a community clubhouse, and a calendar full of exciting community events.
The home features the popular Liam plan, offering three spacious bedrooms and three bathrooms. The home boasts two true primary suites, each with double vanity sinks and large walk-in showers. One primary suite is conveniently located on the first floor, while the second is on the upper level, providing flexibility and privacy. The third guest bedroom is also on the first floor, with an adjacent bathroom featuring a shower-tub combo.
The property showcases thoughtful design selections throughout, including a cozy fireplace and a screened-in porch, ideal for enjoying throughout all seasons. Additional features include a one-car garage, and all furniture is negotiable, allowing you to move in effortlessly and make this charming home your own.
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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