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537 BELEN Lane
About This Property
Perfectly positioned on a quiet cul-de-sac, the home enjoys serene pond views and professionally designed landscaping that creates a private, resort-style setting. The expansive new covered lanai is a true showstopper, featuring a built-in outdoor kitchen, luxury hot tub with chiller, and stunning outdoor finishes--ideal for entertaining or relaxing year-round.
Inside, no detail was overlooked. Highlights include a custom-built living room feature wall with electric fireplace, designer closet systems throughout, remote-controlled window treatments, and elegant plantation shutters. Every space reflects thoughtful upgrades and refined craftsmanship.
Additional improvements include fresh exterior paint, expanded paver driveway and lanai, epoxy-coated garage flooring, ductless split A/C in the garage, and a retractable garage door screen, adding both comfort and functionality. This home has been meticulously maintained and thoughtfully enhanced truly move-in ready and unlike anything else on the market. Schedule your private showing today and experience the difference for yourself.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017