Imagine waking up to a beautiful sunrise & serene water view every
day in popular Lake Charleston! You can in this light, bright
3 bedroom, 2 bathroom + den/office/4th bedroom home. The renovated
kitchen sparkles with a quartz countertop, pull out shelves & lots
of extra storage space! Custom shoji screens add a unique & modern
vibe in the main bedroom, family room, living room & office.
Soaring ceilings & newer wood-look laminate floors expand the
space visually, while mexican tiles add warmth. The laundry closet
can double as a bar! The primary bedroom features a
California-style walk -in closet, dual sinks & a sleek glass shower
enclosure. Enjoy indoor/outdoor living on the spacious, screened
-in covered patio for shade & shelter from the rain. Launch a kayak
or boat (with electric motor) right off your back yard!
Accordion shutters, NEW ROOF and Leaf Filter gutters keep you
safe in a storm. NEW fusebox, NEW water heater, NEW dishwasher, NEW
washer/dryer, & newer A.C. in 2020. Despite the low HOA of
$158/month, this community has an impressive array of amenities:
Heated & Kiddie pools, tennis & pickleball, basketball court,
soccer field, & playgrounds. Top tier schools! Not a flood zone!
Room for a pool! ***Seller is willing to consider a
Buyer contribution or a 2/1 Buydown! Better check this one
out before it's gone....
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.
Interior Features: Breakfast Bar, Eat-in Kitchen, High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s), Attic, BreakfastArea, DualSinks, LivingDiningRoom, PullDownAtticStairs, SplitBedrooms, SeparateShower
Appliances: Dishwasher, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Range, Refrigerator, Water Heater, Washer
Flooring Type: Ceramic Tile, Laminate, Tile, Wood
Laundry Features: Laundry Closet, In Kitchen, Lower Level
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