7251 Box Elder DRIVE
About This Property
CONCRETE BLOCK POOL HOME UNDER $300K! High quality craftsmanship went into building this SPACIOUS 2 bedroom PLUS office (or 3rd bedroom), 2 bath private POOL home. The inside features FRESHLY painted neutral walls & bright white crown molding throughout the home with NO carpet or popcorn ceilings! This home has oversized rooms and PLENTY of storage. Master bedroom has a walk-in closet and there are many closets & pantries throughout. The kitchen features stainless steel appliances, a built in wall oven & a large counter to eat at or prep meals. Perfect for entertaining, the kitchen has plenty of space for a large dining room table as well as an area for a smaller breakfast table and a sliding door to the pool & patio. The bedrooms, kitchen & family rooms include high-end ceiling fans. You'll find vaulted ceilings in the family room. *The garage has been converted into 2 bonus storage areas but can easily be converted back to the 2 car garage by removing a wall. The master bedroom is huge with a relaxing view of the patio, private backyard & sparkling pool. Master bath features a large L-shaped vanity with dual sinks. The inside laundry area has room for extra storage in an air conditioned space. Seller states the roof was done in 2008, AC was recently replaced, Dishwasher is 1 year new, windows are hurricane impact resistant. Built in microwave needs repaired, seller is leaving counter top microwave. This home is bright, fresh & priced to sell. **Full size fridge & freezer in bonus storage area do not convey
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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.
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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 Orchid Lake Village
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$1,550 /mo
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$1,550 /mo
- 2 Beds
- 2 Baths
- 1,072 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017