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57 CEDAR ELM Way
About This Property
This exquisitely designed 2-level Richmond American home comes with an oversized water lot backing to a catch-release pond, fountain views, 4 spacious bedrooms, and 3 baths. A beautiful open-concept main level is highlighted by an inviting gourmet kitchen, stainless steel appliances, quartz countertops, elegant white cabinets, walk-in pantry, large island with breakfast bar and plenty of room for social gatherings and entertaining. Matching quartz countertops in kitchen and all bathrooms. Sliding doors lead to a low-maintenance backyard - ideal for relaxing, pets, or a bit of gardening. Garage is equipped with extra bright LED shop lights and an overhead storage rack. Owners have added a premium whole-house water filtration/softener system providing silky-smooth running water.
World class amenities include resort-style splash park, kids pool and slide, adult lap swim pool, playground, fenced-in dog park, pickleball & tennis courts. Fridge, Washer & Dryer all stay. Multi-camera no-monthly-fee security system and all furniture negotiable. A home warranty is available for added peace of mind when requested in the offer. This home combines luxury, comfort, functionality, and convenience. Don't miss this fantastic opportunity to own a move-in-ready home in a quiet neighborhood.
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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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About World Golf Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017