579 SADDLESTONE Drive
About This Property
Wow!! This immaculate stunning custom built HJ Home is located on a double cul-d-sac road in desirable Durbin Crossing. Seller has over $250K in upgrades including Gourmet Kitchen with Thermador professional gas cooktop and appliances, massive prep island with custom granite and extra large walk-in pantry is a chef's delight and opens to large vaulted family room. First floor master has luxurious bath with garden tub and his & hers vanities/closets. Second floor has 3 bedrooms and loft area. Outdoor living is spectacular with screened custom pool/hot tub, outdoor kitchen with gas grill, Teppanyaki grill and fridge. Unscreened Lanai offers additional outdoor living and fire pit. 3 Car garage has custom built shelving/storage
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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%.
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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.
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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 St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017