806 CHICOPIT Lane
About This Property
Don't want to go through major renovations? These sellers have done the work for you with exquisite renovations. Major redesign and renovations in 2019. Gorgeous gourmet kitchen, Wolf 48'' gas range with 6 burners and griddle, Sub-Zero Refrigerator, Cove Dishwasher, Carrera Quartz Counter Tops, Custom Cabinetry, etc. Master Bath Renovation is stunning with custom cabinets, double vanities, and vanity makeup area. Home has newer roof approximately 8 years, Tankless Rannai Water Heater, Newer Water Softener, beautiful outdoor pavers enhance the curb appeal as you pull up to this jewel of a home. Sits on the 8th hole of the golf course, yet feels very private. Enjoy entertaining friends and family on your lanai as you enjoy the renovated Salt Water pool, gas fireplace, tongue and groove wood ceiling. Truly too many updates to list..feature sheet will be uploaded to documents. A Must see!!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017