7942 Founders Circle
About This Property
Situated on a large cul-de-sac lot, this light and bright single-story home enjoys an expansive yard that is maintained by the association, offering space to enjoy without the upkeep. As you enter this nearly 2,800 square foot home, you will immediately notice the soaring ceilings and open concept formal living and dining area with picturesque views of your pool, spa and private yard. The split-bedroom floor plan provides privacy and space, while formal living and dining areas, a spacious family room, and open concept kitchen make for fantastic for everyday living and entertaining.
The spacious primary suite features beautiful large windows overlooking the pool, dual walk-in closets and a large primary bathroom with a walk-in shower, separate soaking tub and dual vanities. A private pool and spa provide a relaxing setting for outdoor living. Built in 2006 with concrete block construction, a tile roof, and an attached two-car garage, the home offers generous interior space and a thoughtful single-story layout. This home won't last. Come and get your slice of paradise today!
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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 Golden Gate
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$9,000 /mo
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$4,750 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017