Bright and open, with soaring celings, welcome to this
inviting 2-bedroom, 2-bath home with 2084 sq ft of comfortable
living in the highly sought-after 55+ community of Cascades at
World Golf Village.This home combines interior upgrades, spacious
living areas and a wonderful floor plan. Tile flooring throughout
the main living areas and wood flooring in guest bedroom. Office
has french doors and custom woodwork. The open floor plan has a
formal dining room, living room, & great room. Owner suite is
carpeted, has tray ceiling, 2 walk in closets, has updated vanities
and granite counters in owner's bath. There is plenty of space for
entertaining and everyday living. The kitchen, is at the back of
the home, and has an abundance of beautiful warm cabinetry, granite
counters and a sunny breakfast dining area. Sceened lanai off of
family room and kitchen. Ceilings are masterly crafted showing
great decor. Quiet cul de sac setting. WGV Cascades Amenity center
offers superb lifestyle.
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.
Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, His and Hers Closets, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s), Primary Bathroom -Tub with Separate Shower
Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer, Water Softener Owned
Flooring Type: Carpet, Laminate, Tile, Wood
Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup
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Address: 335 Madison Avenue, New York, NY 10017