Over $250,000 in upgrades and improvements! Here's a superb home
and location to enjoy for years and years! 5 bedrooms with 1
bedroom down (currently an office) and 4.5 bathrooms.
Upgraded extensively in 2022 with newer wood floors, kitchen
remodel, all bathrooms remodeled, and newer appliances.
Notice the Subzero refrigerator, range and rangehood, and
newer double oven plus microwave and dishwasher. Backyard
pond pump new in 2026. Patio cover and barbecue painted in
2026. Large upstairs family room perfect for entertaining.
Primary bedroom also has a private balcony with view.
Notice 2 large walk-in
closets in primary bedroom. Primary bedroom, family
room, and upstairs family room all include large built-in
entertainment centers. Downstairs office/bedroom
includes 2 built-in desks and bookshelves. Outside is
a private atrium with its own fireplace, and backyard features a
built-in barbecue with
eating area and pond beside a waterfall. Gated
community includes pool, spa, community building, barbecue area, 2
playgrounds, tennis
court, basketball court, and walking paths.
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.
Welcome to Meridian Hills Gated Community. Gorgeous HIGHLY upgraded 'model like' home. 5 large bedrooms. 5 bathrooms 4112 SqFt.Travertine tile floors,granite counters in the kitchen, high coffered ceilings,crown moldings, surround sound speakers inside and outside, built-in entertainment centers in several rooms & much more! The amazing gourmet kitchen boasts an oversized center island & breakfast bar, a pantry, an in-kitchen dining area with sliding glass doors which open to the beautifully landscaped,private back yard w waterfall treatment.The kitchen features a newer, built-in double door, Monogram refrigerator & stainless-steel appliances. The spacious family room opens to the kitchen & features a fireplace. The large atrium is perfect for entertaining, it features a beautiful fireplace & is overlooked by most of the home. Formal living & dining rooms & a must-have butler's pantry with a built-in wine rack. Huge master suite offers a private balcony overlooking the backyard and greenbelt.The spacious master ensuite with separate vanities, a make-up vanity, double-size walk-in shower, oversized spa tub & 2 large walk-in closets with built-ins & mirrored wardrobe doors.Note,downstairs bedrm with ensuite is also equipped with built-in office furniture
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Garage, Garage Door Opener, Storage, Tandem, DoorMulti
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Built-in Features, Crown Molding, Cathedral Ceiling(s), High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s), Attic
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