42 Edge LANE
About This Property
Step outside to the expansive lanai, covered and screened for your enjoyment, offering serene views of the secluded backyard-an ideal canvas for a potential pool. The home's adaptability is showcased in the guest suite, offering privacy or the option to transform into a welcoming in-law suite. Retreat to the master bedroom, an exclusive haven with a decorative double recessed step tray ceiling leading to a spacious private bathroom featuring a Roman tub and a separate walk-in shower, without the glass block window, ensuring privacy and modern aesthetics. The vast walk-in closet is outfitted with California-style organizers, blending functionality with luxury.
The residence marries practicality with elegance, hosting an internal laundry room, a generously sized two-car garage, and an irrigation system fed by a dedicated well, complemented by premium lighting and fans throughout. Residing in Cypress Knoll means embracing a lifestyle where peace and accessibility converge, with Palm Coast presenting a harmonious mix of natural splendor and contemporary conveniences. This dwelling is not merely a house but a declaration of exquisite living, where each detail is meticulously crafted for comfort and style. Discover your next chapter of fine living-schedule a visit today and envision the possibilities that await in 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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017