715 Pine Lake Drive
About This Property
Bold crown molding throughout the house.
Rectified tile flooring throughout main living areas, bedrooms and baths except for two ensuite baths. Master bath has marble flooring and shower and 2nd master has marble in shower and tile flooring.
Additional kitchen cabinet storage located under entire island area.
Kitchen Appliances: GE Monogram double ovens, Fisher Paykel Dishwasher, Thermador cooktop, LG Refrigerator. Also includes wine chiller and pot filler.
Cork inlay in kitchen flooring prep area for comfort while cooking.
Master Bath includes marble flooring throughout, spacious walk-in shower and soaking tub.
Master bedroom walk-in closet is oversized and fully built out. All walk in closets are built out.
Split floor plan/2nd master also ensuite with marble shower and spacious closet, plus access to outside.
Rectified Porcelain tile flooring located throughout the home, except for areas mentioned above.
Neutral decorator color palette throughout all rooms.
Home is pre-wired with Gigabit Cat 5e. Wires are conveniently located to support hard wiring Smart TVs, wireless hubs, as well as POE security cameras.
Exterior of home freshly painted June 2020.
Central vacuum system
Full house Culligan water filtration system.
Zoned sprinkler system utilizes well water.
Security system
Garage is freshly painted as well as epoxy floor. (June 2020)
Garage accommodates 2 cars plus golf cart.
Seagate Country Club membership is optional, not mandatory.
Home may be sold turnkey, partially furnished or unfurnished.
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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.
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About Hamlet Contry Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017