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8224 SUGARBUSH DRIVE
About This Property
Step inside to a spacious floor plan featuring both a formal living room and a separate family room, offering flexibility for entertaining and everyday living. Engineered wood flooring runs throughout the main living areas, while soaring high ceilings highlight the family room and kitchen area, creating an open and inviting space.
The beautifully updated kitchen features wood cabinetry, granite countertops, an undermount sink, tile flooring, and a cozy kitchen nook for casual dining. The kitchen opens directly to the family room, making it perfect for gatherings.
The split bedroom floor plan offers privacy, with a generously sized guest bedroom that includes a large closet and a built-in desk area-perfect for a home office. The guest bathroom has been updated with a newer vanity and features a tub/shower combination.
The primary suite is a true retreat, featuring dual vanities with Corian countertops, two linen cabinets for added storage, and a walk-in shower with glass doors.
Additional features include an inside laundry room complete with sink, cabinetry, and a large storage closet, plus a spacious garage with pull-down attic storage. Major updates include a roof that is only 4 years old and a newer water heater. The home is also equipped with a water softener for added convenience.
Step outside to your private backyard oasis featuring a patio with a charming gazebo-perfect for relaxing or entertaining.
Timber Pines offers resort-style living with 4 golf courses, 2 geothermal heated pools, a multi-million-dollar fitness and wellness center, tennis and pickleball courts, a driving range, performing arts center, full-service restaurant, and countless clubs and activities. The HOA also includes cable and high-speed internet.
This home truly shows like a model and is move-in ready!
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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 Timber Pines
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017