405 COBBS CHOICE LN
About This Property
The open floor plan seamlessly connects the kitchen, dining area, and living room, creating a warm and welcoming atmosphere. Large windows and a 3-door slider provide abundant natural light and easy access to the expansive patio and backyard oasis.
Outside, you'll find your very own retreat with an inground heated pool, perfect for almost year-round enjoyment, a hot tub to soak your day away & a fire pit for making S'mores. The surrounding patio offers plenty of space for outdoor dining, lounging, and entertaining. The expansive lot provides privacy and endless opportunities for outdoor activities and gardening.
Additional features include a primary suite with a luxurious ensuite bath, generous closet space, a 1st floor bedroom, cozy fireplace and a convenient location close to top-rated schools, shopping, and dining. Don't miss this rare opportunity to own a piece of paradise!
Schedule your private tour today and experience the perfect blend of elegance, comfort, and outdoor living!
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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