Welcome to this beautifully updated 4-bedroom, 2.5-bath lakefront
home with an attached 2-car garage in the highly desirable Lake
Charleston community. This spacious home features a durable barrel
tile roof, impact windows, and a beautifully renovated kitchen with
laminate countertops, stainless steel appliances, and classic white
shaker cabinetry. The primary suite is conveniently located on the
first floor, while three additional bedrooms are upstairs,
providing plenty of space for your guests. Major updates include a
2019 HVAC system and both electrical panels replaced for added
peace of mind. Inside, you'll find soaring vaulted ceilings,
elegant plantation shutters, plank-style tile flooring throughout
the main living areas, and cozy carpet upstairs. A separate
interior laundry room adds everyday convenience. Full home /
drinking water filtration system. Step outside to enjoy
breathtaking lake views from the covered, screened patio featuring
a brand-new frame and screening. The oversized driveway
accommodates up to eight vehicles, and a charming paver walkway
leads directly to the lake, creating the perfect setting to relax
and enjoy the waterfront lifestyle. This move-in-ready home
combines modern updates, generous living space, and spectacular
lakefront living in one exceptional property.
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.
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