41973 PADDOCK GATE PL
About This Property
This home truly stands out as the A-game of all homes. The main floor offers an impressive open space that connects you with family and friends. The massive family room provides ample space for everyone to relax and enjoy. The spectacular kitchen features extensive counter space, a cooktop, a double oven, a built-in microwave, and a stunning backsplash. The white cabinets provide plenty of storage, and the custom pantry is a chef's dream. The breakfast area, surrounded by windows, bathes in perfect morning sunlight, creating an ideal spot for your coffee.
The dining area is stunning and spacious, perfect for hosting gatherings. Additionally, the main floor includes a dedicated office space conveniently located in the corner of the kitchen, offering privacy and functionality.
Upstairs, you'll find four spacious bedrooms. The primary suite is an oasis of luxury, featuring a large room with tall ceilings and a custom closet. The primary bathroom boasts two separate sinks with ample counter space and a walk-in shower.
The basement is where all the fun happens, offering ample space for family gatherings and movie nights. Its open-floor concept includes walk-up stairs leading to the backyard, a full bedroom with a full bath, and an extra room that can be used as an exercise room, office, or whatever your design skills envision.
The newly added patio in the backyard is perfect for watching sunsets or enjoying early morning breakfasts.
This is the home you and your family will want to be in!
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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 Evergreen Meadows
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017