5422 Beneva Woods CIRCLE
About This Property
As you step inside, you're greeted by the warmth of a wood-burning fireplace in the expansive living room, perfect for cozy evenings. The living room seamlessly flows into the dining room, ideal for entertaining guests. The kitchen, complete with a pantry for added storage, awaits your creative touch.
Convenience reigns with one bedroom located downstairs, featuring a full bathroom with a walk-in shower, providing easy access to the pool area. Another full bathroom downstairs ensures comfort and functionality.
Ascending the stairs, you'll discover the primary bedroom sanctuary, boasting a private balcony overlooking the tranquil surroundings and stairs leading to the pool area. The primary bathroom offers a shower and dual vanities, providing a luxurious retreat.
An additional bedroom upstairs enjoys its own private bathroom, ensuring privacy and comfort for all residents.
Backing up to a preserve, this home offers unparalleled privacy, while the fully fenced backyard provides security and space for outdoor enjoyment.
Updates include a 2020 roof and 2015 AC units, offering peace of mind to potential investors. Situated in an X flood zone, this property eliminates the need for flood insurance, adding to its appeal.
Beneva Woods residents enjoy the benefits of low HOA fees of just $250 a year, making this investment even more enticing.
Conveniently located near shopping, restaurants, and schools, this property presents an excellent opportunity to transform a dated home into your next dream investment. Don't miss out on the chance to make this diamond in the rough shine – schedule a showing today!
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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