50
Map
5590 Crestbrook Dr
About This Property
Multiple outdoor living spaces include a front deck with outstanding views and backyard patios with tiered walls and fencing. The gourmet kitchen features beautiful pecan cabinetry, soapstone counters and backsplash, Jenn-Air Noir appliances including a built-in refrigerator and 6-burner gas range, and a breakfast bar with wine/beverage refrigerator.
All the work is done: newly textured and painted for a contemporary look, new travertine tile floors, new lighting, remodeled bathrooms, new window glass, and completed electrical and septic work.
The primary bedroom has newer hardwood floors, doors to the back patio and yard, two closets, and a remodeled bath with dual vanities, soaking tub, and walk-in shower. The other wing offers a guest suite with an attached remodeled bath, designer tile, and walk-in closet. A bonus room on the main level is used as a theater and could also serve as an office or studio.
The garden level has been completely remodeled with new paint, carpet, doors, a new bathroom, and a new separate laundry room.
Willowbrook includes The Cave, an event venue built into the red-rock formations for residents only, plus tennis and pickleball courts, a playground, stables, and trails. Ride a golf cart to Red Rocks Country Club with its 18-hole private course and clubhouse.
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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