829 Maloma Road
About This Property
This stunning modern one-story blends stylish design with everyday comfort-perfectly situated in the heart of Tool.
Step inside to find an open-concept floor plan filled with natural light, soaring 9-foot ceilings, and custom designer touches that bring character and charm. Spray foam insulation and fiber cement siding make it air-tight and energy-saving. The spacious living room, anchored by a sleek electric fireplace, flows seamlessly into the chef-inspired kitchen-ideal for both relaxing nights in and entertaining guests.
With 3 bedrooms, 2.5 baths, and a full utility room, there's space for everyone. The oversized primary suite is a true retreat, featuring a framed accent wall, plenty of room for a sitting area, a spa-like ensuite with dual vanities, lighted mirrors, a walk-in shower, and a massive closet you'll love.
Check out this garage with insulation, heat, and air! Home gym? Man-cave? Pilates anyone? Step outside to enjoy your private covered patio, large yard, and fully fenced front and back yard with an electric gated entrance-perfect for pets, play, or peaceful evenings.
Best of all, you're just a short walk to Cedar Creek Lake, where neighborhood amenities include a boat launch, fishing pier, and park-giving you the ultimate lake-living lifestyle right at your doorstep.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017