Location, location! Welcome to Birchwood at Spring Lake, a premier
gated community offering resort style living in the heart of Middle
Island. This gorgeous and well maintained 2 bedroom, 2 full bath
home is right on the golf course and is one of the most sought
after free standing ranches in this community! Once inside
this spotless home you will find an open and airy floor plan with
Pergo flooring throughout! You will love to start the day
having morning coffee in this warm and inviting eat in kitchen
featuring granite countertops, stainless steel appliances and an
abundance of wood cabinets! The dining room with crown molding,
a sleek built in credenza and a knee wall flows seamlessly
into the huge living room with vaulted ceilings, perfect for
entertaining! Past the living room is a large den which adds even
more living space. The den has sliding glass doors to a large
patio, a retractable awning and unbelievable views of the
golf course. A separate hallway on the other side of the home
leads to the 2nd bedroom, a full bathroom with a tub and a large
primary bedroom with closets galore and its own primary bathroom
with ceramic tile floors and a beautiful custom walk in
shower. A spacious laundry room with washer and dryer and a 1
car garage complete this home providing everything you need to live
in comfort! Newer updates include heating/cooling system, hot
water heater, pergo floors, retractable awning,
dishwasher/microwave, custom shower in primary bathroom, 2 back
fences and blacktop driveway! This home has central air
conditioning and inground sprinklers. Residents of Birchwood at
Spring Lake can enjoy so many amenities including 2 indoor pools, 2
outdoor pools, 2 modern clubhouses each with their own gyms and
playgrounds, a 9 hole golf course, tennis courts, pickle ball
courts, basketball and racquetball. There are numerous clubs and
events throughout the year and beautifully maintained grounds with
walking paths, 24 hour security and so much more! Trash removal,
snow removal, water, lawn maintenance included in HOA fees. Move in
ready!! This home will not last! Make it yours today.
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.
Interior Features: Crown Molding, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, His and Hers Closets, Open Floorplan, First Floor Bedroom, First Floor Full Bath, Formal Dining, Primary Bathroom, Washer/Dryer Hookup
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