4690 WRENTHAM PLACE
About This Property
Located in the highly desirable Devonshire subdivision of Lansbrook, this 4-bedroom, 3-bath pool home offers a premium blend of comfort, upgrades, and energy efficiency. The open split floor plan showcases volume and cathedral ceilings, crown molding, and 6-inch wide plank wood flooring throughout the main living areas. The gourmet kitchen and all bathrooms have been tastefully renovated with solid wood cabinetry and granite countertops. Recent mechanical and energy-efficient upgrades include:2021 high-efficiency 5-ton, 17 SEER heat pump system, 2015 42-panel solar system for significant energy savings, on-demand gas hot water heater, 2014 architectural shingle roof
Outdoor living is a highlight, with a peaceful pond view, a heated pool, resealed pavers, and a screened and repainted lanai enclosure (2019) for year-round enjoyment. Additional upgrades include: EV charging outlet in the garage-ideal for your Tesla or other electric vehicle, epoxy-coated garage floor, nice landscaping with a charming butterfly garden, security camera system conveys. This home is located on a nicely landscaped corner private pond lot. Schedule your showing today!
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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