8143 Duomo Circle
About This Property
front and rear of the home. The exterior of the home was recently painted and a new roof installed and finished in December 2024. As you walk into the home through the lead glass front
door, you are greeted with high ceilings, white 24'' tile floors, large kitchen with granite, new cabinets, stainless
appliances, plantation shutters, lovely fixtures, and glass block window for privacy in dining room. The laundry room
has a washer, dryer and wine cooler with an area to fold clothes. The spacious living room leads you into the
extended screen patio overlooking the garden and lake. As you walk through the custom lead glass double doors into the spacious master you have views of the lake, paddle fan and custom wall paint on the angle ceiling wall. The master bathroom has special order custom tile work around the walk-in shower that is wheelchair accessible, a custom vanity with copper sink and a private toilet. The guest bathroom also has a walk-in shower with another custom sink. The 2-car garage has a workbench. All windows and sliders have accordion shutters. The extended screened patio offers views of the tropical backyard and lake. Two bedrooms have rustic wood-like floors. Original Owners. Make friends when going to the upscale clubhouse that offers a ton of amenities for your resort style living. Two pools, with one being a resistance pool for easy outdoors exercise, fitness center, full-service bar and cafe area, lounges, social hall, card rooms, billiard, arts and crafts and so much more.
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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 Melrose
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017