7222 DESERT RIDGE GLEN
About This Property
The chef's kitchen boasts top-rated appliances, including a Wolf gas range, Dacor microwave, and Frigidaire dual oven and wide refrigerator. The mother of pearl backsplash and upgraded cabinetry with frosted glass add a touch of luxury, while the breakfast nook provides the ideal space for casual family mornings. The large living room, with bronzed slider doors and built-in shelving, overlooks the expansive patio, seamlessly connecting indoor and outdoor living.
The home's secondary suite offers an ensuite bathroom and direct access to the outdoor grilling area, perfect for hosting guests. Two additional bedrooms share a joint bathroom, providing ample space for family or visitors. The primary suite is a private retreat with patio access, a spacious walk-in closet with custom shelving, and a luxurious ensuite bathroom featuring dual sinks, a freestanding tub, a walk-in shower, and a private wet room.
The oversized patio, complete with a saltwater pool and hot tub, is surrounded by mature, privacy-enhancing landscaping, making it the perfect place for relaxation or entertainment. Additional features include a three-car garage, Halo whole-home filtration system, motorized shades, and high-end finishes throughout the home.
Located in the sought-after Lakewood Ranch Golf and Country Club, this home is moments away from championship golf courses, fine dining, shopping, and top-rated schools. Just a short drive to popular destinations like Main Street at Lakewood Ranch and the vibrant UTC Mall, this property offers a perfect blend of luxury, convenience, and community living.
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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