46 Round Tree Drive
About This Property
Step into the double-level entry foyer and be greeted by a smart layout that seamlessly connects each room. The heart of the home is undoubtedly the newly designed kitchen with a tray ceiling, the perfect layout, lighting and design. With a gas cooktop, abundant cabinetry, and a large dining area, it's the perfect place for culinary adventures. The kitchen's large, picturesque window offers a serene view of the green backyard, complete with a charming gazebo, inviting you to enjoy your morning coffee amidst nature.
Adjacent to the garage, you'll find a practical mudroom complete with a washer, dryer, and a separate half-bathroom. The home's primary bedroom is a dream, boasting a refurbished ensuite bathroom with a walk-in shower, a jacuzzi tub, and timeless stone.
The home's wooden floors, running throughout, add a touch of warmth and elegance. The welcoming den, featuring a refurbished wood-burning fireplace, is spacious enough to accommodate the largest sofas, making it an ideal spot for movie nights, holidays, and quality gatherings. The formal living room and dining room further enhance the home's appeal.
With five bedrooms, this home offers plenty of options, especially for those who work from home. Two bathrooms on the main level add to the convenience.
The home boasts a new roof, gas heating, a new driveway, and a recently added patio. The barbecue is conveniently hooked up to gas, making outdoor entertaining a breeze. Set back from the street, the property exudes a stately presence while offering privacy.
The community environment of Melville is welcoming and friendly, offering a variety of local amenities to cater to a diverse range of lifestyles. Whether you're an outdoor enthusiast or a lover of arts and culture, there's something for everyone here. 46 Round Tree Drive isn't just a house, it's a lifestyle and a home waiting to be filled with new memories. Come, take a tour, and experience the charm and comfort yourself.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017