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7227 Davit Circle
About This Property
Upon entering, you're greeted by a spacious open floor plan that seamlessly connects the living, dining, and kitchen areas. Natural light floods through expansive windows, highlighting the scenic views of the shimmering lake just beyond. The updated kitchen features stainless steel appliances, granite countertops, and ample cabinet space, ideal for culinary enthusiasts and entertaining guests. Upstairs, the primary suite serves as your personal retreat, complete with an ensuite bath and balcony with vistas of the water. Three additional well-appointed bedrooms provide versatility for guests, a home office, or hobby space.
Outside, the expansive backyard invites relaxation and outdoor gatherings with a lush green lawn leading to the water's edge. Imagine hosting barbecues or simply enjoying quiet evenings over the tranquil lake.
Located in the coveted Lake Charleston community, residents enjoy exclusive amenities including scenic walking trails, parks, and top-rated schools. With easy access to major highways, shopping, and dining options, this home offers the perfect blend of convenience and luxury.
Don't miss your chance to own this exceptional lakeside home. Schedule your private tour today and envision yourself living the epitome of waterfront living in Lake Charleston.
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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 Lake Charleston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017