468 ENREDE Lane
About This Property
Come see this spectacular Magdalen Bonus floor plan. This stunning 5BR/5BA home is in the beautiful, highly desirable, Gated Golf Community of Palencia. Loaded with luxury, it sits on a professionally landscaped lot, boasting a magnificent Tropical Oasis with Travertine Tiled pool & hot tub area, Tiki Hut & Outdoor Kitchen. Assorted Fruit & Palm trees complement the backdrop of natural wooded preserve views. Entertain family & friends in this super well-maintained home. There's crown molding, shiplap & ceramic plank tile (Carpet in Bedrooms). Spacious open kitchen with upgraded cabinets, stainless appliances: gas cooktop, double oven, dishwasher, microwave, refrigerator & walk in pantry. Features include granite kitchen & bathroom counter tops, & huge family room with a vaulted ceiling. Home has a Generator, Water Softener, Pool Heater/Cooler, Irrigation Well, & more. HOME WARRANTY INCLUDED. A MUST SEE 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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About St. Johns
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$3,400 /mo
- 3 Beds
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- 1,812 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017