40 RYECLIFFE DRIVE
About This Property
With over 2,000 square feet of living space, this practical and thoughtfully designed plan is one of our top-selling homes. Enter through the protected front door, where a den flanks the foyer, perfect for your individual needs. The home features three secondary bedrooms, each offering private space for family, guests, or special use rooms-ideal for a craft room, office, or sitting room. As you continue through the foyer, you'll arrive at the heart of your home. The kitchen boasts beautiful granite countertops, a walk-in pantry, and an island with bar-top seating, seamlessly integrating with the great room for a busy, multitasking household. This open-concept layout is perfect for creating special moments together, whether cooking, watching movies, playing games, or just relaxing. The master suite is thoughtfully tucked away, creating a popular split-bedroom plan. It includes a large walk-in closet and a walk-in shower, providing a private retreat.
This home is equipped with SMART home features, including an automated hub for controlling various systems, a video doorbell, and front porch light control. You can adjust the thermostat remotely for maximum comfort and convenience, and the front door keypad adds an extra layer of security and ease of access.
Step outside to enjoy the covered lanai, an ideal space for outdoor dining, relaxation, or entertaining. The exterior also features an attractive landscaped yard with an irrigation system, ensuring your outdoor space remains vibrant and lush. Throughout the home, you'll find cordless blinds, adding convenience and style to each room. Additional upgrades, such as a shingle upgrade, further enhance both the safety and enjoyment of this exceptional home.
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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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About Lehigh Woods
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017