4827 Alamanda Drive
About This Property
Step through the beautiful lead glass front door and into a bright, open interior enhanced by high ceilings, stunning hardwood flooring, and plantation shutters. The dining room immediately captures attention with its direct water views; an unforgettable backdrop for everyday meals or special gatherings. Just across the way, the living room offers flexibility to serve as a formal space, home office, or cozy den.
The kitchen truly is the heart of the home, overlooking the spacious family room and breakfast nook, creating a seamless gathering space. Mitered windows in the nook frame sweeping water views, making every morning feel special. Solid wood cabinetry with 42-inch uppers, Corian countertops, an electric cooktop, wall oven, and new stainless French-door refrigerator and microwave complete the well-appointed kitchen.
Sliding glass doors from the dining room, family room, and owner's suite open to an under-truss porch with an extended patio and lanai; an ideal space for entertaining or simply enjoying a quiet cup of coffee while taking in the lake. Nearly every room in the home captures these tranquil water views, creating a seamless connection to the outdoors.
The spacious owner's suite offers a peaceful retreat with its customized walk-in closet and a lovely ensuite featuring a raised height double sink vanity, corner shower, and soaking tub. A private hallway leads to two large guest bedrooms and a well-appointed guest bath, providing comfort and privacy for family or visitors.
Practicality meets convenience in the oversized laundry room, which includes additional pantry space for effortless organization. Major updates add peace of mind, including a 2019 roof and 2021 HVAC.
Immaculately maintained, beautifully designed, and set on an exceptional waterfront lot this Pineda Crossing home offers a lifestyle that is truly hard to match.
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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