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5919 Switchgrass Lane
About This Property
Welcome to this beautifully upgraded 4-bedroom, 3.5-bath, 2-story home perfectly situated on the lake in the highly sought-after community of Westlake. Featuring impact windows throughout, elegant French entry doors, and a pavered driveway, this home combines style, comfort, and peace of mind. Inside, enjoy beautiful lighting throughout, a formal dining area, living room, and family room, plus a large kitchen island with designer lighting above. The kitchen boasts stainless steel appliances and gorgeous gray cabinetry, flowing seamlessly into the spacious living areas with tile flooring throughout. Upstairs, you'll find the laundry room and a versatile loft that could easily be converted into a 5th bedroom. The backyard is an entertainer's dream! Relax in your private pool with sundeck and spa finished in Pebble Tec, cook in the remodeled outdoor kitchen, or simply enjoy the view from the fenced yard overlooking the lake. This home also features solar panels for added energy efficiency and lower utility costs.
Westlake offers resort-style living with a gated entrance, water park, shopping, dining, and more just moments away. Westlake is also known for its golf cart lifestyle, with easy access to schools, shopping, dining, and a resort-style water park all just a short golf cart ride away. Don't miss this must-see home it truly has it all!
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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