Live every day like you're on vacation in this exceptional
custom-designed and custom-built home in Logan Woods, where a
spectacular private resort backyard takes center stage. Designed
for resort-style living and effortless entertaining, the outdoor
retreat features a custom pool with sun shelf, grotto-style
waterfall and slide, oversized spa, and expansive covered
entertainment pavilion with full outdoor kitchen, grill, smoker,
sink and refrigerator, plus surround sound, television, electric
fireplace and custom lighting. The outdoor living environment was
custom-designed and constructed by the owners, longtime specialists
in luxury outdoor living. Inside, the spacious residence features
luxurious finishes, 10-foot ceilings and a flexible floor plan with
five bedrooms plus den and five full baths. Travertine marble
flooring flows through the main living areas, while wood flooring
adds warmth to the bedrooms. The gourmet kitchen features Kenmore
Elite appliances, induction range, double wall ovens and
commercial-size refrigerator. The generous primary suite includes a
private office with its own closet and independent HVAC.
Impact-rated Low-E windows and doors, efficient HVAC systems and
smart thermostats enhance comfort and efficiency. A fully finished
oversized three-car garage adds exceptional utility. Set on
approximately 2.9 acres, fully fenced and gated with a circular
drive, this exceptional estate offers privacy, space and a true
private resort lifestyle year-round in Logan Woods.
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.
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