Beautiful, quality-built home by highly respected custom builder
Troy Scott Homes features an elegant stone & stucco exterior,
w/fresh exterior paint & refreshed landscaping adding to its
exceptional curb appeal. The 3-car garage features an extended bay
(27 ft!) for a larger vehicle or boat. Beautiful craftmanship &
thoughtful features include 8 ft. doors, 12 ft. ceilings, wood
cabinetry, wood flooring, & plantation shutters throughout. Living
RM open to kitchen w/SS appliances include a 5-burner gas stove,
DBL ovens, fridge, & new dishwasher. Spacious owner's retreat
w/vaulted ceiling & peaceful backyard views. Owner's ensuite bath
w/dual vanities & a walk-in shower w/rain shower head. Bed RM #2
(could be a study), while bed RM #3 features a private ensuite
bath. Upstairs, the 4th bed RM includes a walk-in closet & it's own
ensuite bath. Entertain on the covered patio overlooking the
spacious, pool-sized backyard w/plenty of room to create your own
outdoor retreat. PULL FEATURE SHEET
Better Homes and Gardens Real Estate Gary Greene -
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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.
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