687 Augusta ROAD
About This Property
* Located in the Cypresswood Community, known for its diverse housing options.
* Positioned on the 10th Fairway of the Cypresswood Golf Course.
* 3 bedrooms and 2 bathrooms.
* Cul-de-sac location on Augusta Rd.
* Previously owned by esteemed local builder John R. Touchton.
Community Features:
* Cypresswood Golf & Country Club amenities:
* 18-hole championship golf course with a pro shop.
* Junior Olympic-sized swimming pool.
* 6 lighted tennis courts.
* Wellness Center.
* Clubhouse with a restaurant and lounge.
Interior Features:
* Meticulously renovated by John R. Touchton with high-end quality to include:
* Diagonally laid Hardwood Flooring.
* Travertine Tile in the kitchen, laundry, and primary bath.
* Maple Kitchen Cabinets with Granite Countertops, a two-tiered Island with Breakfast Bar.
* All appliances, including washer & dryer and a Natural Gas range, are included in the sale.
* Appliances are well-maintained, with some replaced in 2021.
* Maple Vanities in the Baths with Corian Counters.
* Crown Molding throughout.
* Double Pane Insulated Windows.
* Interior Plantation Shutters with some Vertical Blinds.
* Tankless Water Heater.
* Plumbing updated in 2005.
Recent Upgrades:
* Exterior painted in 2018.
* A/C replaced in 2015.
* New Terra Cotta Tile Roof in 2022.
* New Gutters, downspouts with Leaf Guards installed in 2022.
* Garage includes a screen door.
Overall Appeal:
* Beautiful and very well-maintained home.
* Thoughtful, top-end renovations over the years.
This description emphasizing its unique features, connection to the community, and the care taken in renovations and maintenance. Call today to preview this amazing home!
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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.
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