4518 PAGEANT WAY
About This Property
The open-concept living spaces offer a seamless flow ideal for both everyday living and entertaining. The spacious main living area provides ample room to gather, while recessed lighting and cohesive finishes enhance the home's modern appeal. A dedicated home office or flex space adds versatility-perfect for remote work, creative pursuits, or additional living needs.
At the heart of the home, the beautifully updated kitchen features crisp white cabinetry, granite countertops, stainless steel appliances, and a subway tile backsplash. A breakfast bar opens to the dining area, creating an inviting hub for casual meals, conversation, and entertaining. The adjacent dining and family room spaces are highlighted by a statement fireplace, adding warmth and character to the home.
The primary bedroom serves as a private retreat, offering generous space, abundant natural light, and a custom walk-in closet designed for optimal organization. Additional living areas are equally well-appointed, providing flexibility to suit a variety of lifestyles.
The Florida Room/Lanai is fully enclosed with windows (not screens) and an insulated aluminum roof, extending the living space and allowing for comfortable, year-round enjoyment. Whether used as a relaxing sitting area, entertaining space, or flex room, it adds valuable square footage and versatility to the home.
Neutral finishes and tile flooring throughout the main areas make the home both stylish and easy to maintain. Meticulously maintained and truly move-in ready, this home combines thoughtful updates with timeless design elements. Conveniently located near shopping, dining, and major roadways, it offers the perfect balance of everyday comfort and elevated 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.
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About Seaboard Industrial
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017