7489 ESTUARY LAKE LOOP
About This Property
The main residence is equally captivating, filled with timeless touches like plantation shutters on every window and thoughtful finishes throughout. The PRIMARY SUITE, located on the MAIN floor, is a tranquil retreat featuring decorative beadboard accents, soaring VAULTED ceilings, wide plank LVP flooring, and dual oversized walk-in closets with wood shelving. The spa-like en suite bath is pure luxury, boasting separate vanities with quartz countertops, oil-rubbed faucets, a freestanding soaking tub, and a glass-enclosed walk-in shower.
The kitchen is a chef's dream, offering an oversized island with quartz countertops, a gas cooktop, built-in oven and microwave, stainless steel hood, French door refrigerator, and a massive walk-in pantry-all the space you need for culinary creations. Adjacent to the kitchen, a cozy den with French doors and sun-drenched windows provides the ideal space for a home office, study, or creative retreat. The open-concept great room is made for entertaining, with a 3-panel sliding glass door that opens to the expansive SCREENED-IN backyard. This private outdoor haven features low-maintenance artificial turf, charming brick accents, lush landscaping, and breathtaking conservation views.
Upstairs, a versatile bonus space awaits-perfect for a family room, playroom, or media area, offering separation from the main living areas. Meanwhile, the garage apartment continues to impress with its bright, spacious layout, two bedrooms, a full bathroom, and a fully equipped kitchen, all enhanced by elegant plantation shutters.
To top it off, this home is just a short stroll from delightful shops and restaurants, blending convenience with peaceful living. More than just a house, this is a lifestyle ready to be embraced.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017