514 NEWHALL LANE
About This Property
The home features a spacious open floor plan with high ceilings and crown molding, ideal for everyday living or entertaining. The kitchen is designed for social cooking, with granite countertops, 42-inch cabinets, and a gas stove ready for your culinary creations. A breakfast nook overlooks the pool, providing a serene spot for morning coffee.
The split bedroom layout offers a generous primary suite with pool views, an ensuite featuring a soaking tub, dual vanity, separate shower, and a large closet. The two additional bedrooms are positioned on the opposite side of the home, separated by a full bath. One of these rooms, formerly used as an office, includes plantation shutters across a full wall of windows.
Additional highlights include a tankless water heater for on-demand hot water, and a new HVAC installed in 2023 for worry-free comfort. Enjoy the peace and serenity of your private backyard retreat, while still being just minutes from shopping, SunRail, and I-4.
Residents can opt into the Debary Golf & Country Club, offering golf, tennis, pool, fitness, and dining, all part of a luxurious lifestyle in this coveted community.
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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