40667 LENAH RUN CIR
About This Property
The main level beckons with a grand two-story foyer, a stately oak staircase, and a radiant new chandelier. The formal dining room and living room, adorned with intricate trim moldings, promise to be the heart of future gatherings. The family room, boasting a gas-burning fireplace, invites you to bask in its warmth and charm.
Adjacent to the family room, discover a sunroom with walls of windows, a haven for quiet moments with a captivating book and a panoramic view of the natural landscape. The brand new kitchen is a culinary masterpiece, featuring pristine tile flooring, cabinetry, quartz countertops, and an expansive island with a gas-burning cooktop - a hub for shared moments with loved ones.
Step outside to a picturesque deck, an ideal spot for grilling, lounging, and dining beneath the open sky. Down the hallway from the family room, a spacious library offers a retreat for quiet contemplation.
Ascend to the upper level, where a lavish primary suite awaits, complete with a custom closet, tray ceiling, sitting area, and a luxurious 5-piece bath. Three additional bedrooms, each with its unique charm, provide comfort and space. A spacious laundry room with cabinetry and a utility sink adds a touch of convenience.
The lower level unveils a haven for recreation, featuring spaces for entertainment and relaxation. Discover a den, a full bedroom, and a new full bath with upscale fixtures - a private retreat to unwind and recharge.
Outside, a 3-car side-load garage offers ample storage for cherished memories. Embrace the charm of Lenah Run, a sought-after community nestled within a Conservancy environment, where nature, hiking trails, a creek, and a community pool set the stage for a fulfilling lifestyle.
Welcome to a home where elegance and comfort seamlessly intertwine. Welcome home to Lenah Run!
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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