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408 LAKE MONROE Place
About This Property
Discover this beautifully designed one-story home in the sought-after WGV Heritage Landing community. Offering 1,993 square feet of living space, this residence features four spacious bedrooms, a dedicated office, and two bathrooms.
The primary suite boasts a tray ceiling, dual walk-in closets, and a luxurious ensuite with a dual vanity, soaking tub, and separate shower. Elegant tile and cherry flooring flow throughout the main living space, enhancing its warm and inviting atmosphere.
Step outside to a fully fenced backyard with a screened-in lanaia€"perfect for relaxing or entertaining. Enjoy resort-style amenities, including a leisure pool with a super slide, a heated lap pool, pickleball and tennis courts, basketball and volleyball courts, sports fields, a fitness center, pavilion rentals, scenic hiking trails, and a playground.
Don't miss the opportunity to make this exceptional home yours
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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 World Golf Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017