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7605 Santee Terrace
About This Property
Step inside to discover a thoughtfully updated interior, including brand-new finishes throughout, a new covered patio, and rich hardwood floors upstairs. The home is wired with Cat6 cable, features a new electrical panel with EV charger-ready hookup, and includes impact windows for added peace of mind. Enjoy stunning sunset views over the tranquil lake from your fenced backyard or saltwater pool and spa, complete with paver pool deck, walkways, and driveway. Entertain in style with the ultimate Fourth of July fireworks displayvisible right from your home.
Additional features include a generator hookup, new pool equipment (2022), and tropical landscaping that frames your own private dockperfect for boating or cruising the lake at sunset.
This is more than a home; it's a lifestyle of serenity, convenience, and unforgettable views. Don't miss your chance to own this waterfront gem!
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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