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6595 Waverly Lane
About This Property
Additional features include a portable generator included (approx. $5,000 value), fenced pool area great for kids and pets, Ring security system (one front camera and two rear cameras), and all light fixtures and blinds included. Pool table and select furnishings are negotiable, offering flexibility for the next owner.
A/C approx. 9 years old, water heater approx. 10 years old. Roof was fully inspected prior to listing and has been exceptionally maintained by the owners, it's in excellent condition and expected to perform reliably for the remainder of its useful lifespan.
A rare lakefront opportunity combining value, privacy, and resort-style living. A true must-see.
HOA fees include cable and internet. Excellent location with top-rated schools, conveniently close to restaurants, shopping, major highways, and airports. Smith Farm is a gated community with two monitored entrances featuring video surveillance and roving patrols, offering residents enhanced safety and peace of mind. Community amenities include two pools, a main pool with spa and kiddie pool, and a secondary pool with a splash pad for younger children along with a playground, fitness center, tennis courts, racquetball courts, basketball courts, baseball field, and soccer field, providing an active, family-friendly lifestyle.
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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 Smith Dairy West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017