676 BISHOP BAY LOOP
About This Property
Step through the front door into a generous foyer that flows seamlessly into the expansive great room and open-concept kitchen. The moment your eyes meet the sparkling screened pool and spa through the rear windows, you know this home was designed for both relaxation and entertaining. The kitchen, truly the heart of the home, boasts abundant cabinetry, a large prep island, a walk-in pantry, and an additional storage closet-providing more than enough space for everything from everyday essentials to culinary adventures.
Downstairs, a full bedroom and bathroom offer a flexible option for guests, multigenerational living, or a private office. Upstairs, the home opens into a massive 26x18 bonus room-perfect for a media lounge, game room, or second living area. The owner's suite mirrors the spaciousness found throughout the home with ample room to create a true retreat. The oversized walk-in closet, dual vanities, and walk-in shower all contribute to a suite designed for comfort and functionality.
A private ensuite bedroom gives one lucky occupant their own slice of luxury, while two additional secondary bedrooms-each generously sized-complete a floor plan that prioritizes space without sacrificing flow or design.
Out back, the Florida lifestyle is in full effect. The expansive covered lanai opens to a custom-designed screened pool and spa, complete with tanning ledge, built-in seating, and tranquil water features that create a resort-like atmosphere in your own backyard. The fully fenced yard offers privacy and peace of mind, perfect for pets, play, or simply enjoying the outdoors.
Conveniently located just minutes from major expressways, this home ensures easy commutes to wherever life takes you. With its size, features, and condition, this property represents one of the best values on the market today. Opportunities like this are rare-don't miss your chance to call this spacious and well-loved home your own
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017