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7872 Cummings Lane
About This Property
Step into a wide open plan with lofty skylit ceilings and look straight through to the Shangri-La outdoor setting.This impeccable 4 bedroom + den, 3 bathroom home offers close to 2900 square feet of air conditioned living space. The gourmet kitchen features a large chef's island, Caesarstone Quartz counters,custom wood cabinetry, 2 Bosch dishwashers, Dacor and Miele appliances. There is also an extra oven and cabinetry in the laundry room. Most of the home is tiled in 30" square Italian porcelain. The dining room and the den have tasteful custom built-ins. The spacious layout is perfect for entertaining large groups as well as more intimate gatherings of family and friends. Enjoy the sunlight in the pool with a southern exposure, then relax in the shade of the covered patio, all the while delighting in the lush landscaping.
This home has been meticulously maintained, and is done in a serene neutral palette - one that can accept any color scheme.
7872 Cummings Lane is located in the desirable community of Boca Hamlet in Montoya Circle - a short walk to worship, and close to schools, shops, parks, and restaurants.
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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%.
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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.
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 Boca Del Mar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017