4549 Estates Circle
About This Property
Adding to its allure is the separate guest house or mother-in-law suite, a versatile addition providing value and convenience. Whether hosting guests or accommodating family members, this space offers comfort and independence, complete with a full bathroom and upgraded quartz kitchenette.
The primary residence, boasting three bedrooms and three and a half bathrooms, is a testament to luxury living. The kitchen serves as the heart of the home, featuring an oversized quartz island, Kitchen Aid appliances, including a 48" built-in refrigerator and exquisite design details that cater to culinary enthusiasts.
The living room exudes sophistication, with a dry bar, upgraded quartz countertops, and a striking fireplace wall unit creating an inviting atmosphere for relaxation and socializing. Crown molding, raised height doors, and meticulous attention to detail further elevate the space.
The master suite is a sanctuary, offering custom-built closets and a luxurious bathroom with his-and-hers dual showers and upgraded tile and hardware. Energy-efficient features, such as masonry foam insulation, ensure comfort and sustainability throughout the home.
Outside, whole-house gutters and a smart irrigation system provide convenience and efficiency for outdoor maintenance. Residents also have access to Westlake's resort-style amenities, including pools, parks, and recreational facilities, for a truly luxurious lifestyle.
In summary, this residence epitomizes luxury living, with meticulously curated interiors, state-of-the-art amenities, and a serene setting that fosters a sense of refined living and relaxation.
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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 The Acreage
Similar Homes for Sale
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$7,500 /mo
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- 2,323 ft²
$3,400 /mo
- 3 Beds
- 2 Baths
- 1,148 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017